6 months ago
35 ARTICLE AD
The wealth hub is home to more than 12,000 financial advisors and manages over $475 billion in assets.
Cetera Financial Group, a leading wealth management firm in the US, has unveiled a new policy for Bitcoin exchange-traded funds (ETFs) in brokerage accounts, according to a press release published today. The policy aims to provide Cetera’s financial professionals with the necessary education and resources to incorporate Bitcoin ETFs effectively into their clients’ investment portfolios.
As noted, Cetera has approved the use of four spot bitcoin ETFs, including Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Fund (FBTC), and Blackrock iShares Bitcoin Trust (IBIT). These funds are backed by established ETF providers known for their successful product strategies and comprehensive resources.
As one of the first firms to establish a formal policy on Bitcoin ETFs, Cetera’s move aligns with growing investor interest in these products. According to Matt Fries, head of investment products and partner solutions at Cetera, the firm is committed to supporting financial professionals in meeting the complex needs of today’s investors.
“Today’s investors have increasingly complex needs, and our investment products team is here to support our financial professionals across the investment spectrum. We will continue to proactively evaluate the implications of bitcoin ETFs and related products and modify our policies accordingly, and we look forward to partnering with our financial professionals to adopt bitcoin ETFs when appropriate with their clients,” said Fries.
Cetera will begin offering training for financial professionals on its award-winning AdviceWorks portal on March 25, as stated in the press release.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
Crypto Briefing may augment articles with AI-generated content created by HAL, our proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
