$30-billion financial advisor platform approves only four Bitcoin ETFs: Bloomberg | Headlines | News | CoinMarketCap
02/24/2024 04:13
In likely another boon for the new spot bitcoin ETF market, the financial advisor platform Carson Group has approved four of the instruments, …
In likely another boon for the new spot bitcoin ETF market, the financial advisor platform Carson Group has approved four of the instruments, according to Bloomberg.
Spot bitcoin ETFs offered by BlackRock, Fidelity, Franklin Templeton and Bitwise are the four Carson Group approved and that will become accessible to financial advisors and their clients, the report said. Carson Group is a $30 billion registered investment advisor, or RIA, platform, also according to the report.
"Access to platforms that cater to financial advisors and their retail clients is of huge consequence to the firms behind the Bitcoin ETFs, who are eager to tap into a new audience," said Bloomberg.
BlackRock and Fidelity's spot bitcoin ETFs have been the most popular in terms of capital inflows. Franklin …