"Carson Group's $30 Billion Portfolio Embraces Spot Bitcoin ETFs in Major Wall Street Revelation"

The Bitcoin price has surged past $50,000 due to the rise of spot Bitcoin exchange-traded funds (ETFs) on Wall Street, with inflows into these ETFs reaching $2.4 billion last week. Carson Group, a registered investment advisory platform, has approved four of the 10 new spot Bitcoin ETFs, signaling a potential $114 trillion catalyst for the market. This move is expected to open up access to Bitcoin for a significant portion of U.S. wealth, potentially leading to a shift in the perception of Bitcoin as a store of value and driving significant demand for the cryptocurrency.