According to BlockBeats, Matt Hougan, Chief Investment Officer of Bitwise, has observed a notable trend among financial advisors regarding cryptocurrency. He reported that an increasing number of top financial advisors are incorporating crypto assets into their personal portfolios.

Key Insights:

• Current Ownership Rates: Approximately 70% of advisors now hold Bitcoin or other cryptocurrencies, a significant rise from just 10% to 20% two years ago.

• Future Predictions: While many advisors have yet to allocate Bitcoin in client accounts, Hougan anticipates a substantial shift within the next six to twelve months. He believes that as advisors enhance their personal crypto investments, client allocations will likely follow.

Hougan views this trend as a crucial indicator of the financial community’s growing acceptance of cryptocurrencies. As institutional interest continues to rise, the landscape for crypto investments may evolve dramatically.

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