According to reports, Carson Group, an important $30 billion registered investment advisor (RIA) platform has announced that it is now able to offer its clients four Bitcoin spot exchange-traded fund (ETF) products. Bloomberg report. Out of the recent Carson Group has approved a number of US-listed Bitcoin ETFs. This includes BlackRock’s iShares Bitcoin Trust as well as Fidelity’s Wise Origin Bitcoin Trust, Bitwise Bitcoin ETF and Franklin Bitcoin ETF.
JUST IN – Carson Group’s $30 billion RIA Platform has approved these four spots. #Bitcoin Clients who offer ETFs:
BlackRock
Franklin
Bitwise
Fidelity— Bitcoin Magazine (@BitcoinMagazine) February 23, 2024
Grant Engelbart Carson Group Vice President and Investment Strategist highlighted the criteria for selecting the best investments. “significant asset growth” The trading volume for BlackRock and Fidelity ETFs. “We feel it is important to offer these products as a result from two of the largest asset managers in the industry,” Engelbart was a proponent of the free market.
Carson Group prioritized cost-effectiveness, recognizing the appeal of Bitwise Bitcoin, a $1.2 billion ETF, and Franklin Bitcoin, a $100 million ETF with relatively low fees.
“Bitwise and Franklin Templeton have committed to being the lowest-cost providers in the space, and have also seen large inflows and trading volumes,” Engelbart continued. “Both firms also have established in-house digital asset research teams and expertise that we feel are beneficial to the continuing growth and management of the products, as well as advisor research and education.”
Access to platforms catering for financial Advisors and their retail clientele is crucial for spot Bitcoin ETFs to tap new markets. Platforms like Carson Group, which manage vast amounts of wealth, can act as a catalyst in accelerating fund growth. financial advisors. Carson Group, by offering Bitcoin ETFs as an option to its clients and customers, positions itself as one of the most forward-looking players in the industry. financial Vanguard, the $7 trillion investment manager, does not offer advisory services. blocked The SEC has prohibited its clients from buying the ETFs approved by it.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: bitcoinmagazine.com