LPL Financial increased its Bitcoin ETF holdings to $261 million in the third quarter, a 50% rise from the previous quarter. According to its 13F filing, the American brokerage held stakes in the ARK 21Shares Bitcoin ETF and the Franklin Bitcoin ETF, alongside a separate $112 million position linked to Strategy. The exposure represents a small share of the $2.56 trillion in client assets managed by LPL and may reflect decisions made by advisers or clients rather than by the firm itself. Other wealth managers, including Creative Planning, also increased their Bitcoin ETF investments, confirming the gradual integration of these products into mainstream wealth management.
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