According to TechFlow news, wealth management company Cetera has approved four Bitcoin ETFs for financial advisors to choose to include these funds in client investment portfolios. The four ETFs are: BlackRock’s IBIT, Fidelity’s FBTC, Franklin Templeton’s EZBC, and Invesco Galaxy’s BTCO.
The company said it will provide educational training to its financial professionals to help them consider allocating a Bitcoin ETF.
As of December 2023, the company had $190 billion in assets under management. The company said it will continue to actively evaluate the impact of Bitcoin ETFs and related products and adjust policies accordingly, and looks forward to working with financial professionals to adopt Bitcoin ETFs for customers in a timely manner.