Asset management firm Cetera Financial Group has given the green light to 4 different spot Bitcoin exchange-traded funds (ETFs).
Cetera Financial, which has assets worth $190 billion under management, announced on Thursday, March 14. BlackRock (IBIT), Fidelity (FBTC), Invesco (BTCO) And Franklin Templeton (EZBC) He stated that it will allow spot Bitcoin ETFs issued by the company to be included in customer portfolios.
However, for spot Bitcoin ETFs education will be given to customers who want to invest in this field, through professional consultants. guidance It was emphasized that it would.
The company is under management as of December 2023 $190 billion existed.
Making a statement on the subject, Cetera investment products and partner solutions president Matt Friessignaled that they will take further steps towards spot Bitcoin ETFs:
We will continue to proactively evaluate the impacts of Bitcoin ETFs and related products and modify our policies accordingly, and we look forward to partnering with our financial professionals to engage their clients in adopting Bitcoin ETFs when appropriate.