Cetera Financial Group unveils policy to allow Bitcoin ETF exposure for RIAs, brokers Cetera Financial Group has revealed a new policy that permits RIAs and brokers to invest in Bitcoin ETFs.

Placer din annonce her. Cetera Financial Group has launched a new program to assist financial advisors in incorporating Bitcoin ETFs into investment strategies. The initiative, announced in a press release on March 14, is a significant move to meet the increasing demand from investors for Bitcoin-related investment opportunities. With a team of over 12,000 financial advisors and managing approximately $475 billion in assets, Cetera is a major player in the wealth management sector in the US. By implementing this new policy, Cetera is among the first in the industry to provide specific guidance on utilizing Bitcoin ETFs in response to the growing interest from investors. Cetera’s move to establish a policy for a Bitcoin ETF demonstrates a strategic reaction to the increasing demand from investors for cryptocurrency investment options. This trend is becoming more widespread in the traditional financial sector, with big players like Bank of America and Wells Fargo now allowing clients to invest in Bitcoin ETFs. Additionally, Bitwise has disclosed ongoing discussions with major financial institutions interested in Bitcoin, indicating a growing interest in these types of investment vehicles. The company also mentioned that these organizations are projected to begin buying Bitcoin through ETFs in the second quarter. The ETFs have had exceptional performance since their introduction in January, holding nearly $60 billion in assets as of March 14 as referenced in this article. This article covers topics such as Bitcoin adoption and the impact on culture, as well as BlackRock’s involvement with ETFs. Recent Bitcoin news. The most recent report from Alpha Market