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Financial Advisers Mostly Unfazed by Crypto’s 2022 Volatility
A majority of financial advisers plan to maintain or increase their clients’ exposure to crypto despite the extreme market volatility seen last year. About 15% of advisers said they allocated to crypto in client accounts in 2022, according to a survey by Bitwise Investments — down from 16% in 2021. But nearly 80% of advisers who currently have a crypto allocation in client accounts plan to keep or boost those in 2023. Still, allocations remain small, as 95% of advisers with crypto exposure weight 5% or less to the segment. Those who aren’t invested in the space don’t show much willingness to get involved. ... (full story)
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- Posted: Jan 25, 2023 7:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 43
