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Survey: Financial Advisors Increasingly Allocating to Crypto

From blockworks.co

Financial advisors increasingly included crypto in client portfolios last year, according to a recent survey — and even more money managers plan to deploy capital in the space this year. The findings, released by Bitwise Asset Management and ETF Trends on Thursday, indicate that the percentage of financial professionals investing client funds in crypto rose from 9% to 15% over the past year. Most holdings, for now, are small, with 80% of respondents capping digital assets to 5% of a given portfolio. {image} “Crypto has gone from a tulip craze-style fad to a real, lasting phenomenon,” ETF Trends Managing Editor Lara ... (full story)

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  • Category: Fundamental Analysis