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2020-02-20 03:42:13

How crypto crawled its way into financial advisors’ hearts

Cryptocurrency isn’t bordering on mass adoption yet, at least by the general population. However, a new survey by Bitwise Asset Management of more than 400 financial advisors, shows that 13% of advisors would be allocating crypto to their clients in 2020, up from 6% in 2019. Let’s take a look at how crypto crawled its way into financial advisors’ hearts. What’s pushing financial advisors towards crypto? The number one reason financial advisors are straying towards crypto is simple: the returns. Of the 400 financial advisors surveyed, 54% said that they would allocate more investment dollars to digital currency because of