TLDR Crypto · MARKETS & BUSINESS

$190B WEALTH MANAGER GREENLIGHTS 4 BITCOIN ETFS FOR ALLOCATORS

blockworks.co3 min read

Summary from the TLDR Crypto newsletter

Cetera Financial Group will now let its advisors include four bitcoin ETFs into client portfolios. The approval of these ETFs, offered by BlackRock, Fidelity, Invesco, and Franklin Templeton, for client portfolios marks another important step in adoption with established wealth managers’ support. Cetera will provide educational training for its financial professionals on the Bitcoin ETFs. As of now, the firm manages $190 billion in assets, and it plans to continually assess the implications of bitcoin ETFs for its clients.