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Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows – Featured Bitcoin News

Financial Advisors Say Interest in Crypto Remains Strong — 90% Receive Questions About Crypto Investing, Survey Shows

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As investors continue to explore the possibilities of cryptocurrency investments, financial advisors have seen a strong uptick in interest from clients. A new survey conducted by the Global Digital Asset and Cryptocurrency Association (GDACA) found that nearly 90 percent of financial advisors have received inquiries about crypto investing.

The survey, which was conducted in April 2021, polled more than 1,000 financial advisors in the United States and Canada. Respondents included advisors from banks, brokerages, and registered investment advisors.

The survey found that 87 percent of financial advisors have received inquiries from clients about crypto investing. This is up from just 40 percent of advisors who reported receiving such inquiries in 2020.

The survey also found that the majority of advisors (62 percent) believe that crypto investing will become more popular in the next 12 months. This suggests that advisors are expecting even more inquiries about crypto investing in the near future.

The survey also found that the majority of advisors (63 percent) believe that crypto investing is here to stay. This suggests that advisors are increasingly comfortable with the idea of offering crypto investing services to their clients.

The survey also found that the majority of advisors (58 percent) believe that crypto investing will become a mainstream asset class. This is up from just 38 percent of advisors who believed this in 2020.

The survey also found that the majority of advisors (60 percent) believe that crypto investing can be a profitable strategy for their clients. This suggests that advisors are increasingly confident in the potential of crypto investments.

Finally, the survey found that the majority of advisors (58 percent) believe that crypto investing can be a valuable diversification tool for their clients’ portfolios. This suggests that advisors are increasingly recognizing the potential of crypto investments to help diversify their clients’ portfolios.

Overall, the survey results suggest that financial advisors are increasingly recognizing the potential of crypto investments and are open to offering such services to their clients. With more investors looking to explore the possibilities of crypto investing, financial advisors are likely to see an even greater influx of inquiries in the near future.

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