Number of Financial Advisors Investing in Cryptos Surges by 50%
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13 January
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According to data from a survey carried out by crypto indexed fund provider Bitwise Asset Management, the number of financial advisors investing in cryptos has increased sharply by around 50% in just one year.

The survey was conducted last month in collaboration with investment website ETF Trends among about 1,000 US-based financial planners.

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According to the results of the survey, 9.4% of these advisors' client portfolios have been invested in crypto assets, up from 6.3% a year ago.

In addition, it must be noted that among the advisors that have not yet invested in cryptos, 15% said they will probably do so this year, while 2% have assured that they will allocate a part of the portfolio toward crypto.

Another curious fact is that 24% of the financial planners who have taken part in the survey claim to be willing to invest their own funds in cryptos.

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