Carson Corporation Reveals US Investment Advisors’ Bitcoin Recommendation for Clients

Carson Group's Vice Chairman and Chief Investment Strategist, Grant Engelbart, reported that Bitcoin's significance as an asset class is rapidly increasing. According to him, Bitcoin's market cap has surpassed that of major financial institutions, indicating its growing prominence in the investment world. As an innovative digital currency, Bitcoin offers a unique opportunity for investors to diversify their portfolios and potentially generate significant returns. With its decentralized nature and limited supply, Bitcoin's value proposition is unlike any other traditional investment. As the world continues to embrace the digital revolution, Bitcoin's role as a store of value and medium of exchange is poised to become even more significant in the future. In light of these developments, investors should carefully consider incorporating Bitcoin into their investment strategies to capitalize on this emerging asset class.

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Carson Group’s Vice Chairman and Investment Strategist, Grant Engelbart, has reported that Bitcoin is becoming increasingly important for US investors.

Carson Group’s Vice Chairman and Investment Strategist, Grant Engelbart, shed light on the growing interest of financial advisors in Bitcoin ETF in a recent interview with Bloomberg ETF IQ.

According to Engelbart, advisors on average allocate 3.5% to Bitcoin ETF in their clients’ investment portfolios.

Engelbart mentioned that Carson Group quickly provided access to these products upon their launch.

Engelbart stated that while there have been notable shifts towards Bitcoin ETF, it is primarily a reallocation of existing assets rather than new capital entering the market.

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