$1.4 Trillion Asset Manager LPL Considers Adding Bitcoin ETFs for Client Portfolios
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- Major US financial firm LPL is considering offering Bitcoin ETFs to its clients.
- The firm is currently evaluating newly approved Bitcoin spot ETFs.
- LPL aims to complete its assessment within three months.
LPL Financial Holdings, a significant player in the U.S. financial market, is considering incorporating recently approved Bitcoin exchange-traded funds (ETFs) into its offerings. This development was captured in a recent Bloomberg report, spotlighted by Chinese reporter Colin Wu on X.
The decision comes as the company undergoes rigorous due diligence following the U.S. SEC’s approval of Bitcoin spot ETFs. It aims to complete its evaluation of the new Bitcoin ETFs within the next three months.
According to the report, LPL Financial Holdings manages assets totaling…
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