🚀 Crypto is on the rise! Bitwise CIO Matt Hougan shared at the Barron’s Advisor 100 Summit that 70% of financial advisors now own Bitcoin or other cryptocurrencies, a huge leap from previous years. 📈

Hougan highlighted the rapid adoption of Bitcoin spot ETFs among advisors, countering claims of slow uptake. The recent Fed rate cut also boosted crypto prices, with Bitcoin soaring above $62K.

With the SEC approving options trading for Bitcoin ETFs and Morgan Stanley's plans to offer them, the future looks bright. Expect more advisors to dive into crypto soon! 🌟 #Crypto #Bitcoin #Web3