Financial advisors feel pull of cryptocurrency wave as more clients express interest

As investors become more interested in cryptocurrencies, financial advisors are feeling a new urgency to offer the investments to clients.

About 49% of advisors said clients have asked about cryptocurrencies in the past six months, up from 17% in 2020, according to the survey.

Currently, 14% of advisors are using or recommending those investments. That's up from less than 1% in 2019 and 2020. While Johnson said most advisors he talks to still aren't familiar with cryptocurrencies, that could change as new certifications emerge and broker-dealers adopt technologies to handle these assets.

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