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Citi Wealth Recommends Spot Bitcoin ETFs Through Brokerage Accounts

Citi Wealth Recommends Spot Bitcoin ETFs Through Brokerage Accounts

Photo: TokenPost

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 reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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