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Lilbenyi
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Carlson Group Adds Four Bitcoin ETFs to Its Investment Portfolio The Carlson Group, managing $30 billion in assets, has broadened its investment offerings to include four Bitcoin ETFs from BlackRock, Fidelity, Bitwise, and Franklin Templeton, catering to registered investment advisers (RIAs). Selections were based on asset growth, trading activity, and competitive fees, with BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) noted for their significant inflows. The inclusion of Bitwise Bitcoin ETF (BITB) and Franklin Bitcoin ETF (EZBC) was driven by their commitment to low-cost services. This move by Carlson Group, highlighted by Vice President Grant Engelbart, signals a growing interest in cryptocurrency investments among financial advisors, potentially impacting Bitcoin prices as it opens up authorized investment avenues to institutional investors. The immediate market impact, however, may depend on the speed of adoption by trading platforms. 🕯 Thanks for Donations ❤️🔥
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