Edward Jones’ senior investment strategist ... Mahajan, in a discussion with CNBC on Wednesday, said, “I think the bitcoin ETF is a great part of your speculative basket.” ...

according to Edward Jones senior investment strategist Mona Mahajan. "I think the bitcoin ETF is a great part of your speculative basket," she told CNBC on Wednesday morning. "Everyone has that 5% ...

SPOT BITCOIN ETFS ... Meanwhile, Missouri-based financial services firm Edward Jones has also told clients that it too is joining the BTC ETF ban, as did the firm Northwestern Mutual.

After crashing along with other crypto assets in 2022, bitcoin has since rebounded. On Thursday morning, its value sat above $47,000 per coin, its price buoyed by the SEC’s announcement.

There are plenty of these products worldwide, especially in the U.S. But even having this vivid ETF market, the Security Exchange Commission and other regulators have been blocking a bitcoin ETF ...