Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
2022.04.12 00:21
Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
While the United States Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that the offering could lead to greater adoption of crypto among financial advisers.
According to the results of a Nasdaq survey released on Monday, 72% of 500 financial advisers would be more likely to invest their clients’ assets in cryptocurrency should the SEC approve a spot crypto ETF product in the United States. For those already invested in crypto products, 86% of the financial advisers said they planned to increase allocations within a year — roughly half already have investments in ETFs linked to Bitcoin (BTC) futures.
