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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.
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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!

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