According to Foresight News, wealth management firm Cetera Financial Group (Cetera) has released new policies and guidelines regarding the use of Bitcoin spot ETFs in brokerage accounts. The move aims to help financial professionals guide their clients in incorporating Bitcoin ETFs into their investment portfolios. Cetera has approved the use of the following spot Bitcoin ETFs: Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Fund (FBTC), and Blackrock iShares Bitcoin Trust (IBIT).
Starting March 25, financial professionals will receive training on Cetera's AdviceWorks portal. Cetera will continue to actively assess the impact of Bitcoin ETFs and related products, adjusting relevant policies accordingly, and adopting Bitcoin ETFs for its clients when appropriate.
