Summary: Financial advisors' interest in cryptocurrencies is growing rapidly, according to a report from crypto index provider Bitwise. The report conducted a questionnaire survey of nearly 1,000 financial advisors. The results of the survey showed that between 2019 and 2020, the number of advisors deploying cryptocurrencies has increased by nearly 50%. In addition, 15% of respondents ...

Financial advisors' interest in cryptocurrencies is growing rapidly, according to a report from crypto index provider Bitwise. The report conducted a questionnaire survey of nearly 1,000 financial advisors. The results of the survey showed that between 2019 and 2020, the number of advisors deploying cryptocurrencies has increased by nearly 50%. In addition, 15% of respondents expect the price of Bitcoin to exceed $100,000 in five years. The report predicted that the adoption rate and interest in cryptocurrencies will continue growing, and the number of financial advisors who allocate cryptocurrencies may double or more in 2021.

By Mary Liu