Truist Investment Services financial advisors will now be permitted to offer spot bitcoin exchange-traded funds (ETFs) sponsored by Fidelity and BlackRock and registered by the Securities and Exchange Commission, the release said.

“Clients are increasingly exploring digital assets as part of a diversified investment strategy,” Brian Dowhower, head of Truist Wealth, said in the release. “Our approach is to balance strong client interest with prudent safeguards, ensuring any expansion of digital asset offerings occurs thoughtfully and in alignment with our purpose-driven wealth experience and…