Despite Bitcoin, Ethereum and Dogecoin’s wild ride last month, more financial advisers than ever are recommending their clients have some crypto in their portfolios.
Despite Bitcoin BTCUSD, +1.37%, Ethereum ETHUSD, +2.37% and Dogecoin’s DOGEUSD, +9.20% wild ride last month, more financial advisers than ever are recommending their clients have some crypto in their portfolios.
“ Some 14% of financial advisers have already added cryptocurrencies to their clients’ portfolios or are recommending it to them ” Last year however none of the 242 respondents to the same survey anticipated that they’d recommend crypto to their clients in 2021, the survey — commissioned by Onramp Invest, a crypto portfolio management software company — concluded.
More than half of advisers said their clients inquired about market volatility over the past six months, whereas last year some 76% of advisers fielded questions from their clients about it over a six-month period.
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