CNBC: Few signs financial advisors are rushing to buy Bitcoin ETFs

On May 31, a major argument for Bitcoin ETFs is that financial advisors need regulated funds like them to guide their wealthy clients to invest in Bitcoin. Nearly six months after the launch of these ETFs, there are few signs that financial advisors are rushing to buy these funds, which does not mean that the ETF is a failed experiment. First, the Bitcoin ETF has been hailed as one of the most successful ETF launches in history, with BlackRock's iShares IBIT reaching $20 billion in assets under management this week, even if financial advisors are still on the sidelines.