Today news
About the same in other media
Opting out of crypto offerings can come at a cost for wealth managers
Reading now: 855
2021 has seen crypto adoption skyrocket like never before. But, many might still not engage in the asset class due to several reasons including volatility and environmental concerns. The rest are still learning about the evolving technology.
Some reports point out that just like investors, wealth managers are also in two minds about crypto. However, not choosing crypto might come at a cost for these financial advisors. According to research cited by Barron’s, financial advisors who offer crypto-related money management, can receive up to $4.6 billion in incremental fee revenue.
Further, the upward potential is immense considering the global crypto asset management market size might surge from $0.4 billion in 2021 to $1.2 billion by 2026. It
Read more on ambcrypto.comAbout this in other media
‘Federal agencies should answer questions’ about crypto regulations, says U.S. Senator ambcrypto.com /2 years ago
Complete ban on private cryptocurrencies recommended: What in store for crypto investors? financialexpress.com /2 years ago
15 crypto leaders make the cut for Forbes 30 Under 30 cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
