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Add as a preferred source on GoogleCiti Wealth Recommends Spot Bitcoin ETFs Through Brokerage Accounts
An October report described the funds as a way to hold Bitcoin alongside stocks and bonds. U.S. spot Bitcoin ETFs saw about $1 billion in outflows over two sessions after the Binance hack.
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Citi Wealth is recommending spot Bitcoin (BTC) exchange-traded funds (ETFs) to clients, giving investors a brokerage-account route to hold Bitcoin alongside stocks and bonds in their portfolios.
Citi Wealth's October report described spot Bitcoin ETFs as a way to hold Bitcoin through a brokerage account.
The U.S. spot Bitcoin ETF market recorded about $1 billion in outflows across two trading sessions following the Binance hack.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.