Financial advisors see strong interest in crypto-90 % receive inquiries about crypto investments, show surveys-selected Bitcoin messages
Financial advisors see strong interest in crypto-90 % receive inquiries about crypto investments, show surveys-selected Bitcoin messages
A new survey shows that interest in cryptocurrencies among customers of financial advisors is still great. "Despite the market performance, the most common question was:" Should I consider an investment in crypto? "
The crypto asset manager Bitwise Asset Management published a report on Tuesday entitled “Bitwise/Vettafi 2023 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets”. This is the fifth annual study by Bitwise, which is carried out in collaboration with Vettafi, a platform for stock exchange -traded funds (ETF).
The survey was carried out between November 25, 2022 and January 6, 2023 with the participation of 491 financial advisors, including independent registered asset consultants, broker dealer representatives, financial planner and wirshouse representatives from all over the USA survey results: Despite the sharp market correction in 2022, financial advisors are still strongly involved in the cryptoma markets, with 15 % customer accounts assigning and receiving 90 % detailed questions from customers to this area. "The survey is a memory that Krypto is one of the best business development opportunities on the financial advisor market," said Matt Hougan, Chief Investment Officer from BitWise. The majority of respondents are optimistic about Bitcoin, but this year is pessimistic, whereby 63 % assuming bitcoin 2023 fall while 60 % believe that it will be higher in five years. "While the interest of the consultants in Bitcoin (41 %) was about twice as high as at Ethereum (20 %), her optimistic attitude towards the two biggest crypto assets was almost evenly distributed," said Bitwise and added that 53 %were bitcoin While 47 % prefer it ETH . The report confirms that customers' interest in crypto "remains strong", since 90 % of the financial advisors "received a question about crypto from customers last year," said the report: Despite the market performance, the most common question was: "Should I consider an investment in crypto?"
"Despite the market volatility, 78 % of advisors who currently have an allocation to customer accounts are planning to either maintain or increase this commitment in 2023," continues the survey. Among the respondents stated that "some" or "all" of their customers themselves invest in crypto. In addition, “cryptoacties ETFs” were the first choice of financial advisors for cryptoinvestment in 2023.
Vettafi's research manager Todd Rosenbluth commented: consultants and their end customers would like to continue learning more about cryptoinvestment. For those who are oriented in the long term, the interest remains high. What do you think of this survey? Let us know in the comment area below. Bedy verification : Shutterstock, Pixabay, Wikicommons financial advisors are optimistic about crypto in the long term
