Carson Group, a registered investment adviser (RIA) platform managing $30 billion in assets, has confirmed its decision to provide its clients with access to four of the newly approved spot Bitcoin exchange-traded funds (ETFs), as reported by Bloomberg. 

Among the latest group of spot Bitcoin ETFs listed in the U.S., Carson Group has endorsed the iShares Bitcoin Trust by BlackRock, Fidelity's Wise Origin Bitcoin Fund, the Bitwise Bitcoin ETF, and the Franklin Bitcoin ETF.

Grant Engelbart, Vice President and Investment Strategist at Carson Group, underscored the selection process, pointing out the notable asset growth and trading volumes seen in the ETFs from BlackRock and Fidelity. 

Engelbart expressed, "we feel it is important to offer these products as a result from two of the largest asset managers in the industry."

Carson Group has also emphasized the cost-effectiveness of the ETFs from Bitwise and Franklin, noting the competitive fees.

Engelbart added, "both firms also have established in-house digital asset research teams and expertise that we feel are beneficial to the continuing growth and management of the products, as well as advisor research and education."

Access to networks serving financial advisors and retail clients is essential for spot Bitcoin ETF issuers aiming to penetrate new markets. 

Endorsements from organizations such as Carson Group can play a pivotal role in the expansion of these funds, given the substantial assets overseen by financial advisors. 

Share this article
The link has been copied!