Franklin

Bitcoin ETF

Bitcoin

In the rapidly developing market of Bitcoin ETFs, Carson Group, a US-based licensed investment advisory firm, has approved four of the ten newly launched spot Bitcoin ETFs in the US.
Carson Group has $30 billion in assets on its platform.
The approved list includes BlackRock's $6.6 billion iShares Bitcoin Trust (IBIT) and the $4.8 billion Fidelity Wise Origin Bitcoin Fund (FBTC), which has seen the most investor inflows so far. Smaller funds from Bitwise and Franklin Templeton are also on the list.
Grant Engelbart, the firm's vice president and investment strategist, emphasized the importance of offering products from BlackRock and Fidelity, two of the largest asset managers in the industry. He also noted that Bitwise and Franklin Templeton are committed to being the lowest-cost service providers in this space, with final fees for Bitcoin ETFs of 0.2% and 0.19%, respectively.
Related News: <a href="https://en.bitcoinsistemi.com/new-demands-from-us-prosecutors-for-binance-founder-changpeng-zhao/" target="_blank" rel="noopener noreferrer nofollow">New Demands from US Prosecutors for Binance Founder Changpeng Zhao</a>
Bitwise CEO Hunter Horsley noted that platform approvals could be a “huge catalyst” for fund growth, given that financial advisors manage trillions of dollars:
<blockquote>
 “More than half of US wealth belongs to a platform and can use a product only after it is approved. We often hear the phrase 'I want to access Bitcoin, but our platform hasn't confirmed anything yet.' “The platforms are busy, but now that ETFs have been approved and have over a billion dollars in assets, they are now in the business, too.”
</blockquote>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-etf-move-from-one-of-the-largest-financial-advisory-companies-in-the-us-managing-30-billion/" rel="noopener noreferrer nofollow">Bitcoin ETF Move from One of the Largest Financial Advisory Companies in the US: Managing $30 Billion!</a>

Bitcoin ETF Move from One of the Largest Financial Advisory Companies in the US: Managing $30 Billion!

Bitcoin Sistemi EN

2024년 2월 24일에 게재된 다른 기사

JasmyCoin Price Surge Comes to an End With a 15% Crash

Render (RNDR) Vs Worldcoin (WLD): Which AI coin is likely to Hit $10 First?

Starknet Trading Volume Exceeds Cardano and Dogecoin as New Cryptos Hope To Shine

Kaspa (KAS) gains see funds shift into Genius DeeStream (DST) as traders sell at the top and buy ...

Bitcoin Gains Appeal as a Diversification Option in High Inflation Times

Will Ripple and SEC Reach Settlement Agreement? XRP Lawyer Reveals the Odds

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!