ETFs
Advisors remain pessimistic about spot Bitcoin ETFs: survey
More than 50% of advisors do not even discuss cryptocurrency with their clients or plan to use the asset in the future.
That’s according to a report from Cerulli Associates, released Tuesday. The survey included feedback from 1,500 financial advisors surveyed through April 2024. It found that despite the Securities and Exchange Commission’s (SEC) recommendations, January approval Among Bitcoin spot ETFs, financial advisors’ attitudes toward cryptocurrencies differed only slightly in 2024 compared to 2023.
Of the 1,500 respondents, 195 (13%) were brokerage advisors. According to Cerulli’s data, none of the brokerage advisors said they recommend cryptocurrency.