Financial advisors in the US are finally warming up to Bitcoin

The Block2024/06/11 20:40

By:The Block

Quick Take DACFP founder Ric Edelman explains how financial advisors are now more receptive to including Bitcoin in portfolios because they have seen the data demonstrating improved risk-adjusted returns.

Episode 34 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and DACFP Founder Ric Edelman.

Listen below, and subscribe to The Scoop on YouTube , Apple , Spotify , Google Podcasts , Stitcher , or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Ric Edelman is the founder of the Digital Assets Council of Financial Professionals (DACFP).

In this episode, Edelman discusses the importance of financial advisors in the crypto space and emphasizes the need for advisors to understand and embrace crypto to serve their clients' best interests.

OUTLINE

0:00 Introduction
04:46 Financial Advisors BTC
09:38 Bitcoin Adoption Curve
14:02 Shifting FA Perspectives
22:44 Logistics of BTC Allocation
30:51 Updating Portfolio Thoery
34:30 Ric's BTC Price Target
38:01 Residual Skeptics
42:28 Closing Thoughts

This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Financial advisors in the US are finally warming up to Bitcoin

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