Election swayed advisers, but crypto adoption has room to run
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After witnessing the post-election rise in crypto asset prices and ETF flows, here’s another data point backing up a sentiment shift: 56% of 430 surveyed financial advisers say they’re more likely to allocate to the space because of the November results.
This number came from the Bitwise/VettaFi report we referenced a couple times this week as the companies teased findings before the formal release.
We mentioned, for example, that just 35% of advisers say they’re able to buy crypto for client accounts. Looking a bit deeper, 71% of these financial pros said at least some of their clients were investing in crypto on their…