The Growing Landscape of Crypto Investments
According to stash.com’s 100+ Cryptocurrency Statistics Investors Should Know in 2023, Americans currently represent about 13% of the over 320 million crypto owners worldwide. This article by Alex Botte and Max Williams from Runa Digital Assets discusses the various investment options available in the crypto market and how advisors can support their clients in navigating this landscape.
Key Points:
– Many investors are seeking the support of an advisor for managing their crypto investments.
– Passive investment options include investing in stocks of companies exposed to crypto, blockchain-themed ETFs, and liquid tokens.
– Examples of passive investment options include Coinbase, Microstrategy, Tesla, BLOK, BITQ, and Grayscale Bitcoin Trust.
– Active management options include liquid token funds and venture capital funds.
– Advisors can use tools and services to view clients’ crypto assets, even if they are not managing them directly.
Unblocking Crypto: How to Access The Asset Class
Clients who want exposure to crypto may seek professional help from advisors. Passive investment options include investing in stocks of companies with crypto exposure and blockchain-themed ETFs. Clients can also invest in liquid tokens through exchanges or indirectly through funds and investment products. Active management options include liquid token funds and venture capital funds.
Ask an Advisor
Adam Blumberg, co-founder of Interaxis, answers questions from advisors. Advisors can use tools and services to view clients’ crypto assets. Clients who own crypto funds do not own the underlying assets but have exposure to the asset class. Regulated funds can be held in retirement accounts but come with additional fees.
Hot Take
The crypto market offers a growing menu of investment options for advisors to present to their clients. Passive options provide familiarity and low fees, while active options allow for potential outperformance. Advisors can use tools and services to track clients’ crypto assets and provide support in managing them.
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