The large wealth management firm chose four Bitcoin ETFs for its professionals to offer to their clients.
Wealth manager Cetera has approved four spot Bitcoin (BTC) exchange-traded funds (ETFs), which its managers can now offer to their clients. Cetera has over $190 billion in assets under management.
Cetera selected the Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Fund (FBTC) and Blackrock iShares Bitcoin Trust (IBIT) for its platform. Those ETF providers “track records of successfully launching new product strategies,” according to a statement. Matt Fries, Cetera’s head of investment products and partner solutions, said in the statement:
Cetera will begin offering its 12,000 affiliated financial professionals training on the spot BTC ETFs on March 25.
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Source: https://cointelegraph.com/news/wealth-manager-cetera-adds-spot-btc-etfs-platform-training