Advisers underestimate growing investor interest in crypto: report
Advisers need to be mindful of the desire of clients to invest in cryptocurrencies, especially those with SMSFs, according to new research.
The research from CoreData found that 77 per cent of financial advisers estimate fewer than 5 per cent of their clients hold crypto or crypto ETFs.
However, when Australian investors were surveyed directly, 38 per cent confirmed they currently hold crypto assets – a figure that suggests many advisers are unaware of just how many clients are engaging with this asset class.
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The data reveals there is a significant disconnect between financial advisers and their clients when it comes to…
