Carlson Group adds 4 Bitcoin ETFs to financial advisers

The $30 billion advisory firm prioritized trading volume, asset growth and low fees when picking four Bitcoin ETFs for listing.

Financial services firm the Carlson Group has reportedly added four of the 10 Bitcoin exchange-traded funds (ETFs) to its offerings for registered investment advisers (RIAs).

The $30 billion investment firm prioritized asset growth, trading volume and low fees in selecting funds from BlackRock, Fidelity, Bitwise and Franklin Templeton, Bloomberg reported on Feb. 23.

A total of $6.6 billion has been invested in BlackRock’s iShares Bitcoin Trust (IBIT) since it debuted on Jan. 11, while Fidelity has seen $4.8 billion inflows to its Wise Origin Bitcoin Fund (FBTC). The Bitwise Bitcoin ETF (BITB) and Franklin Bitcoin ETF (EZBC) have the lowest fees among issuers, charging 0.2% and 0.19% respectively.

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