
Matt Hougan, CIO of Bitwise, highlighted a significant shift in financial advisors' attitudes toward cryptocurrency at the Barron’s Advisor 100 Summit, noting that around 70% of attendees now hold crypto assets in their personal portfolios, up from 10-20% in previous years. While large-scale allocations to Bitcoin in client accounts are still rare due to restrictions, advisors typically allocate to their personal portfolios first, with client investments often following within six to twelve months. Hougan pointed to bullish developments such as spot Bitcoin ETFs gaining approval and growing interest from major financial institutions, signaling that broader adoption could be on the horizon. Source: The Block


