Financial advisors in the US are increasingly offering cryptocurrencies
Bitcoin and mining stocks are showing significant return on investment.
The Financial Planning Association and Financial Planning magazine have jointly researched the preferences of financial advisors in the United States for the investment assets they offer their clients as investment options. It turned out that as cryptocurrencies become an increasingly recognized class of investment assets, they are increasingly being mentioned in their advice by financial advisors.
Financial advisors in the US are increasingly offering cryptocurrencies
At least 25% of American financial consultants are already doing this, while almost half (49%) of the surveyed financial specialists noted that clients have been asking them about the possibilities of investing in cryptocurrencies over the past six months.
For the first time, cryptocurrencies began to appear in a similar study from 2018 - then the organizers of the study of the preferences of financial advisors noticed that only 1.4% of such specialists recommended or were going to recommend digital assets in the next 12 months.
Interest in cryptocurrencies from clients and financial advisors arises for a variety of reasons. Among them is the release of Bitcoin to the best positive return on investment in 2020 among all known and popular investment assets in the field of global finance.
In addition, bitcoin mining companies showed very strong capitalization growth at the end of 2020, several times overtaking the growth of key Wall Street indices, while both bitcoin itself and shares of mining companies continue to demonstrate significant positive return on investment in 2021.
FX24
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