Wealth management company Cetera has approved four Bitcoin spot ETFs for investment advisors to choose from
ChainCatcher news, according to Blockworks, wealth management firm Cetera Financial Group has approved four Bitcoin ETFs for advisors to consider incorporating these funds into client portfolios.
The San Diego-based company stated that it will launch educational training on Thursday to provide its financial professionals with education on considering the inclusion of Bitcoin ETFs in portfolios. This marks the latest initiative taken by an asset management company in this direction.
As of December 2023, Cetera's assets under management reached $190 billion. Cetera has currently approved advisors to incorporate four of the ten U.S. spot Bitcoin ETFs into their portfolios: BlackRock's IBIT, Fidelity's FBTC, Franklin Templeton's EZBC, and the BTCO launched jointly by Invesco and Galaxy.