One in four investors want double-digit crypto exposure. The data says: don’t.
A new survey shows many would put substantial portions of their portfolios to crypto. Yet the performance data tells a more restrained story.
Nearly a quarter of UK investors would consider allocating more than 10% of their portfolio to cryptocurrencies, but a quick look at how Bitcoin affects a balanced portfolio highlights how this would be a risky venture.
From 8 October, the Financial Conduct Authority will allow retail investors in the UK to access crypto exchange-traded products (ETPs) for the first time, in a move that is seen as taking the asset class further towards the mainstream.
WisdomTree polled 1,000 UK adults with £5,000 in savings or investments and found two in five would be more likely to invest if access came…
