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DACFP founder: US financial advisors are beginning to accept Bitcoin

DACFP founder: US financial advisors are beginning to accept Bitcoin

CointimeCointime2024/06/12 01:44
By:Cointime

Ric Edelman, founder of the Digital Asset Financial Professional Committee (DACFP), stated in an interview with The Block that American financial advisors are now more willing to include Bitcoin in their investment portfolios because they see data showing an increase in risk-adjusted returns.

Edelman stated that in the past three months, the number of financial advisors willing to include BTC in their portfolios within the next year has increased by 80%, thanks to the launch of a Bitcoin ETF in January and the participation of asset management giant BlackRock.

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