Home > Quick > Body

Bitwise Chief Investment Officer: An increasing number of top financial advisors are allocating crypto assets to their personal portfolios

clock
2024-09-24 10:37:25
Matt Hougan, chief investment officer of Bitwise, said that more and more top financial advisors are allocating crypto assets in 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, compared to only 10% -20% in the previous two years.
While many advisors do not yet have Bitcoin in their client accounts, Hougan predicts that client investments could change significantly in six to 12 months as individual advisors increase their allocations, which he sees as an important signal of increased acceptance of cryptocurrencies in the financial world.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.