LPL Financial is carefully evaluating the new spot-Bitcoin exchange-traded funds (ETFs) before making them available to their clients.

Rob Pettman, who oversees wealth-management solutions at LPL, leads the due-diligence process on these funds.

Over the next three months, they will assess how these ETFs perform in the markets and decide which ones to offer. The goal is to strike a balance between protecting clients from risky investments and allowing them to benefit from this emerging asset class

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