Advisers aren’t budging on crypto despite client interest
The Trump bump sent crypto assets into the stratosphere, and despite a rocky ride in the new year, Bitcoin remains above the $100,000 mark and new blockchain-based vehicles continue to enter the market.
Even the FCA is softening its view, with the regulator committing to lifting a ban on offering crypto exchange-traded notes to retail investors earlier this month.
But while the performance of crypto assets makes them impossible to ignore, advisers gathered at Citywire’s Midlands retreat remain sceptical.