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Financial Advisors Keen For Spot Bitcoin ETFs, Awaiting SEC Green Light, Says Ric Edelman

Ric Edelman, founder of Edelman Financial Services, has shed light on the eagerness amongst financial advisors to launch spot bitcoin exchange-traded funds (ETFs) to their clients, contingent upon approval by the U.S. Securities and Exchange Commission (SEC). What Happened: Edelman spoke on Coindesk’s Unchained podcast about the readiness of financial advisors to offer spot bitcoin ETFs, once the U.S. Securities and Exchange Commission (SEC) greenlights them, reported Bitcoin.com. “Every compliance department will say okay to that product because it’s just an ETF like other thematic ETFs,” he …