Whatever the future holds for cryptocurrencies, financial advisors are positioned at the critical juncture where cryptocurrency’s promise meets individual investors’ growing interest and demand. This report, based on a survey by InvestmentNews Research commissioned by Grayscale Investments, outlines current challenges and opportunities facing advisors as cryptocurrencies are poised to assume a greater role in the global financial ecosystem.
Specifically, the report examines:
• Why 79% of advisors who recommend cryptocurrencies plan to increase their recommendations.
• How the current state of cryptocurrency education and familiarity offers opportunities for advisors.
• Where cryptocurrencies are being considered in client portfolios.
• Diversification or growth? Advisors explain chief reasons for recommending cryptocurrencies.
• The changing landscape of regulation and firm policy.