LADO on how professionals feel about digital assets | Lado Okhotnikov
Lado Okhotnikov
28.09.2024

It feels like just yesterday that financial advisors were cautious about diving into crypto. But things have changed—and considerably. According to Matt Hougan, Bitwise CIO, 70% of the top financial advisors in the United States are now crypto holders. Just a few years ago, this number was only 10-20%! See how rapidly it's developing? It showcases how professionals are viewing digital assets, and they definitely know where the wind blows.

It’s hard to ignore it. Even though they aren’t adding crypto to their client portfolios yet, this is merely due to broker-dealer restrictions. The situation will change soon, and their sentiment will affect their clients’ portfolios. It's only a matter of time before it happens.

Previously, Hougan revealed that the approval of the ETFs represents a major milestone in making digital assets more accessible to institutional investors and clients of financial advisors.

As advisors move from skepticism to personal engagement with crypto, it marks a significant evolution in the financial landscape. Given their close relationships with investors, this shift is likely to influence broader market trends. In about a year, I believe we’ll start to see the real impact of this change. It means that crypto will find its place in more client portfolios and financial strategies.

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