Crypto Adoption Grows as 70 Percent of US Financial Advisors Now Hold It
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Investment chief says advisors increasingly holding crypto personally, but broker-dealer limits have slowed client adoption.
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, has reported a shift in crypto adoption among the country’s top financial advisors.
Reflecting on his speech at the Barron’s Advisor 100 Summit last Friday, Hougan noted that 70% of the attending financial advisors now personally hold cryptocurrency, a noteworthy increase from just two years ago when only 10% to 20% owned such assets.
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