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Learning & News => News related to Crypto => Topic started by: sirty143 on February 28, 2024, 12:52:10 PM

Title: $30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients
Post by: sirty143 on February 28, 2024, 12:52:10 PM

$30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients

Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares Bitcoin Trust... See more for yourself here (https://news.bitcoin.com/30-billion-investment-platform-approves-4-spot-bitcoin-etfs-for-clients/).

Your opinion is greatly appreciated.

Title: Re: $30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients
Post by: TomPluz on February 28, 2024, 01:15:26 PM

This is going to be another jewel in the crowning glory of ETFs and Bitcoin as it can mean more exposure and more business for the four ETF platforms. Out of 11, these 4 certainly can command a lot of respect, hence they are chosen by Carson Group, an investment manager with billions under its watch. So we can see that soon clients under Carson Group will be looking at ETFs and how they can take advantage of the growth of Bitcoin, indirectly. Well, the timing is just right, as we are now definitely in the bullish season right before the scheduled halving in April so more growth can be manifesting in March, for sure. And with this in mind, am expecting other big investment firms to also do the same...offering ETFs for their big clients who really got the money to make the balls rolling. This movement can help push the price of Bitcoin to skyrocketing fashion as we are seeing right now...at $59K as I am writing this.

Title: Re: $30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients
Post by: Crwth on February 28, 2024, 03:32:22 PM

Is this the reason why we just got a very high increase in price for a short time? It make sense with a lot of old money coming into the space, there's definitely the part where we can really get more people to buy into BTC and just HODL. A lot of people are probably getting more into it and it's not yet the end. It will still increase in price for sure.