Nasdaq: 72% of Financial Advisors Are Likely to Invest in Spot Crypto ETFs
Main page Finance, Bitcoin-ETF, Cryptocurrency
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April 12, 2022

According to a survey conducted by 8 Acre Perspective on behalf of Nasdaq among advisors with $26 trillion in assets under management, 72% of Nasdaq 500 financial advisors are very likely to invest client funds in cryptocurrencies if they have access to a qualified spot ETF product.

According to the survey results, only 38% of respondents are confident that the US Securities and Exchange Commission (SEC) would approve an ETF this year, while 31% of respondents consider it unlikely to happen.

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Jake Rapaport, head of digital asset index research at Nasdaq, has said:

"The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto."

Among advisors who invest in digital assets, 86% intend to increase the share of cryptocurrencies in their portfolios over the next 12 months, while no one intends to reduce this share. Of the same group, 50% of respondents are already using Bitcoin futures ETFs and 28% plan to start doing so.

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