Expand access to ETFs
More US investors can now buy and sell physical Bitcoin ETFs. US-registered investment advisor Carson Group is now offering Bitcoin ETFs such as BlackRock's iShares to its clients. This will encourage liquidity and capital inflows.
Carson stocks four stocks: BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and Franklin Templeton's EZBC.
Aside from Grayscale's GBTC, BlackRock's IBIT currently has the highest market capitalization, valued at $6.6 billion. In second place is Fidelity's FBTC, which has reached $4.8 billion.
Additionally, BlackRock's Bitcoin holdings at IBIT are 126,950 BTC, second only to GBTC which holds 453,000 BTC.
connection: BlackRock's Bitcoin spot ETF holds over 100,000 BTC (770 billion yen)
“IBIT and FBTC are the largest physical Bitcoin ETFs in the industry, and it's important for us to offer them to our customers,” Carson VP Grant Engelbart said in a Bloomberg interview. It is characterized by low costs, has steadily increasing inflows, and has an in-house digital asset team, which is beneficial for our advisory services.”
The Carson Group is a Nebraska-registered investment advisory firm with $30 billion in assets under management. Some companies, like Carson, offer Bitcoin ETFs (Fidelity and Charles Schwab), while others, like Vanguard, have a policy of not offering them.
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