Number of financial advisors willing to invest in crypto doubles in 12 months

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 14173
        )

    [ppma_authors_name] => Array
        (
            [0] => Alex
        )

)

Updated September 21, 2022 | Published January 13, 2021

2 mins read

Amid the growing value of cryptocurrencies and endorsement by mainstream financial players, the number of financial planners investing in crypto assets has grown two-fold, according a survey by Bitwise Asset Management.

This is likely to pick up given Bitcoin's recent flirtation with a $42,000 value, the highest on record since the currency was released.

Canvassing for opinion with 1,000 financial advisors in the US, Bitwise found out that of those not investing in cryptocurrencies yet, 15% confirmed that they most likely would in 2021.

Financial planners do seem keen to invest their funds in cryptocurrencies, though, with 24% saying that they would definitely consider doing so. Most advisors reported that “uncorrelated returns” would be one of the key drivers for their decision to put money in crypto.

However, Bitwise cautions that despite the increase in advisors willing to put their wealth in these vessels, it's still very early for the financial world to start storing wealth in cryptocurrencies en masse.

ETF Trends CEO Tom Lydon said: “Financial advisors are increasingly looking for exposure to alternative assets, and interest in crypto is rising.”

While investors may appear a little conflicted about the potential of cryptocurrencies, consumers have been using them recreationally to power their gaming sessions in crypto casinos.

Bitcasino, FortuneJack, and BitStarz are some of the leading crypto brands available on the market presently.

Want the chance to win an iPhone 11 Pro? Then take a couple of minutes to complete our CGN survey.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by Alex

Reporter

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
THE LEDGER: Biden goes after crypto mining, while Coinbase has a loan moan
The Ledger: ChatGPT forecasts BTC will hit $120k, Coinbase hears London calling

Similar News

Cameron Winklevoss 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 7818
            [name] => Cameron Winklevoss
            [slug] => cameron-winklevoss
            [term_group] => 0
            [term_taxonomy_id] => 7818
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 3570
            [name] => crypto exchange
            [slug] => crypto-exchange
            [term_group] => 0
            [term_taxonomy_id] => 3570
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 256
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 8687
            [name] => Dublin
            [slug] => dublin
            [term_group] => 0
            [term_taxonomy_id] => 8687
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 5025
            [name] => Gemini
            [slug] => gemini
            [term_group] => 0
            [term_taxonomy_id] => 5025
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 25
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 8688
            [name] => Ireland
            [slug] => ireland
            [term_group] => 0
            [term_taxonomy_id] => 8688
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 8689
            [name] => Leo Varadkar
            [slug] => leo-varadkar
            [term_group] => 0
            [term_taxonomy_id] => 8689
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [6] => WP_Term Object
        (
            [term_id] => 5044
            [name] => MiCA
            [slug] => mica
            [term_group] => 0
            [term_taxonomy_id] => 5044
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 28
            [filter] => raw
        )

    [7] => WP_Term Object
        (
            [term_id] => 8690
            [name] => Virtual Asset Service Provider
            [slug] => virtual-asset-service-provider
            [term_group] => 0
            [term_taxonomy_id] => 8690
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

)

Gemini sets up shop in Ireland

29/05/2023|14:16

Bankrupt crypto lending firm Celsius has picked Fahrenheit’s proposal to manage a new entity to be owned by its creditors,...
Blockchain 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 181
            [name] => Blockchain
            [slug] => blockchain
            [term_group] => 0
            [term_taxonomy_id] => 181
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 908
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 4857
            [name] => Chainalysis
            [slug] => chainalysis
            [term_group] => 0
            [term_taxonomy_id] => 4857
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 42
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 363
            [name] => China
            [slug] => china
            [term_group] => 0
            [term_taxonomy_id] => 363
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 17
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 8685
            [name] => fentanyl
            [slug] => fentanyl
            [term_group] => 0
            [term_taxonomy_id] => 8685
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 8686
            [name] => narcotics
            [slug] => narcotics
            [term_group] => 0
            [term_taxonomy_id] => 8686
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 5495
            [name] => stable coins
            [slug] => stable-coins
            [term_group] => 0
            [term_taxonomy_id] => 5495
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

    [6] => WP_Term Object
        (
            [term_id] => 2465
            [name] => tether
            [slug] => tether
            [term_group] => 0
            [term_taxonomy_id] => 2465
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 15
            [filter] => raw
        )

)

Links between China chemical firms and crypto revealed

29/05/2023|08:34

China-based chemical firms have been suspected of supplying fentanyl to drug cartels overseas in exchange for cryptocurrencies. Blockchain research firms...
blockchain casinos 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 2812
            [name] => blockchain casinos
            [slug] => blockchain-casinos
            [term_group] => 0
            [term_taxonomy_id] => 2812
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 402
            [name] => Crypto Casino
            [slug] => crypto-casino
            [term_group] => 0
            [term_taxonomy_id] => 402
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 30
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 58
            [name] => esports
            [slug] => esports
            [term_group] => 0
            [term_taxonomy_id] => 58
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 36
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 4162
            [name] => esports betting
            [slug] => esports-betting
            [term_group] => 0
            [term_taxonomy_id] => 4162
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 8683
            [name] => Evil Geniuses
            [slug] => evil-geniuses
            [term_group] => 0
            [term_taxonomy_id] => 8683
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 8684
            [name] => Thunderpick
            [slug] => thunderpick
            [term_group] => 0
            [term_taxonomy_id] => 8684
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [6] => WP_Term Object
        (
            [term_id] => 6185
            [name] => women
            [slug] => women
            [term_group] => 0
            [term_taxonomy_id] => 6185
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2
            [filter] => raw
        )

)

Evil Geniuses partners with Thunderpick crypto casino

29/05/2023|00:34

Esports organization Evil Geniuses has joined with the cryptocurrency betting platform Thunderpick. The partnership will see Thunderpick become Evil Geniuses's...