Many places? Lets see, chase bank has 5k locations in the US. I have 3 locations near me, and if I wanted to use something like on online bank like Betterment, I can go 30-40 locations immediately near me and they will cover the transaction fees...
The closest bitcoin ATM is 20 miles away from me in another town at a sketchy gas station. Let me just hop over and grab 3k out of it and get robbed.
Then why are there so many places you can exchange a Bitcoin for thousands of dollars?