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Binance Wealth Launches ETF Wealth Management

Source: www.binance.com Event types: Online/Update
Odaily reports: According to an official announcement, Binance Wealth has officially launched ETF Wealth Management, providing users with a one-stop TradFi asset allocation platform focused on cash management and yield strategies. The initial offering features 11 selected U.S. equity ETFs, covering short-term U.S. Treasury ETF, investment-grade bond ETF, and other products, with corresponding options for different allocation horizons including under 6 months, 6 to 12 months, and over 1 year.Users can independently select products and place orders through ETF Wealth Management, with orders executed in the market via Binance Stock Trading, and execution, clearing, and custody handled by a licensed third-party broker. Users actually hold ETF shares and enjoy economic rights such as price changes and cash dividends. Binance states that ETF Wealth Management only provides product information and access channels, is not a savings product, does not offer fixed returns, and ETF prices will fluctuate with the market.

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