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Bitwise Chief Investment Officer
Matt Hougan says
More and more financial advisors are working in personal
Add crypto assets to your investment portfolio
A growing number of top financial advisors are allocating crypto assets to their personal portfolios.
At last week’s Barron’s Advisor 100 Summit in Florida,
Hougan mentioned that about 70% of advisors own Bitcoin or other crypto assets, up from just 10%-20% in the previous two years.
While many advisor client accounts are not yet allocated to Bitcoin, Hougan predicts that as advisors’ personal allocations increase,
Customer investments can change significantly over a 6- to 12-month period, which is considered an important sign of increased acceptance of cryptocurrencies by the financial community.
