$30 Billion RIA Platform Carson Group Approves Launch of Four Spot Bitcoin ETFs

According to Bloomberg, Carson Group, a $30 billion registered investment advisor (RIA) platform, has approved the offering of four spot Bitcoin exchange-traded funds (ETFs) to its clients. The approved ETFs include BlackRock's iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and Franklin Bitcoin ETF. Grant Engelbart, Vice President and Investment Strategist at the company, stated that Carson prioritized "significant asset growth" and trading volume when selecting IBIT and FBTC. Meanwhile, the $1.2 billion Bitwise Bitcoin ETF and the $100 million Franklin Bitcoin ETF (which will eventually charge fees of 0.2% and 0.19%, respectively) are among the cheapest products in the space.