With the explosive growth of cryptocurrencies in recent years, many financial advisors are considering incorporating them into their portfolios. However, the question remains: what percentage of financial advisors actually invest in crypto in 2020? Given the volatile nature of the crypto market and the lack of regulatory clarity, one might assume that the adoption rate amongst advisors is still relatively low. Nevertheless, with the increasing acceptance of digital assets by mainstream financial institutions, it's possible that a significant number of advisors have begun dipping their toes into this emerging asset class. Understanding this percentage could provide valuable insights into the future trends and acceptance of cryptocurrencies in the financial advisory industry.
7 answers
Nicola
Fri Jul 12 2024
A recent Forbes article has highlighted a significant trend in the financial advisory sector.
SakuraSmile
Thu Jul 11 2024
The article, titled "Cryptocurrency Top Of Mind For Growing Number Of Financial Advisors," reveals an upward shift in the allocation of cryptocurrencies in client portfolios.
Elena
Thu Jul 11 2024
BTCC, a UK-based cryptocurrency exchange, is among the platforms that cater to this growing demand. It offers a range of services including spot trading, futures contracts, and digital wallets.
EthereumEmpress
Thu Jul 11 2024
With its comprehensive suite of products and services, BTCC provides a secure and reliable platform for investors to trade and manage their cryptocurrencies.
SamsungShine
Thu Jul 11 2024
According to the article, the percentage of advisors incorporating crypto into their client portfolios is expected to increase from 6% in 2019 to 13% in 2020.