Bitcoin ETF

Bitcoin

<ul>
 <li>The policy update allows brokerage accounts to invest in spot Bitcoin ETFs.</li>
 <li>Cetera made notice of the fact that modern investors have more complicated demands.</li>
</ul>
A number of spot Bitcoin exchange-traded funds (ETFs) that received <a href="https://thenewscrypto.com/u-s-court-rejects-motion-to-dismiss-sec-complaint-on-gemini-earn-program/" target="_blank" rel="noopener noreferrer nofollow">SEC</a> approval in January have got a major boost thanks to the inclusion of trading support from wealth management company <a href="https://cetera.com/" target="_blank" rel="noopener noreferrer nofollow">Cetera</a>.
The new update, which Cetera announced on Thursday, allows brokerage accounts to invest in spot Bitcoin ETFs. A total of four Bitcoin exchange-traded funds (ETFs)—BTCO by Invesco, EZBC by Franklin, FBTC by Fidelity Wise Origin, and IBIT by <a href="https://thenewscrypto.com/blackrocks-bitcoin-etf-surpasses-microstrategys-holdings/" target="_blank" rel="noopener noreferrer nofollow">Blackrock</a> —have received clearance.
Affiliated financial professionals will have access to educational opportunities and other resources as part of this strategy. With these tools, these experts will be better able to advise customers on how to incorporate spot Bitcoin ETFs into their investment strategies.
<h3 class="wp-block-heading" id="h-surging-investors-demand">Surging Investors Demand</h3>
Institutional investors’ increasing interest in the emerging spot Bitcoin ETF ecosystem necessitated the implementation of this inclusion. The wealth management organization estimates that as of February 2024, almost 50 million individuals own Bitcoin. The sheer number of trades that have taken place in the spot Bitcoin ETF market since it opened for business is proof of this.
Spot Bitcoin ETF trading volume has surpassed $6 billion per day so far. As the price of <a href="http://bitcoin.org" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> continues to soar consistently, the figures are continually going higher.
Cetera made notice of the fact that modern investors have more complicated demands, and that the group working on their investment product is prepared to satisfy those demands. Notably, Cetera has made an effort to establish provisions that will guide the spot Bitcoin ETF market, making it one of the few asset management organizations to do so.
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Wealth Management Firm Cetera Adds Several Spot Bitcoin ETF for Trading

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