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B. G., Opalesque Geneva:

A survey on financial advisors' attitudes towards crypto assets found that, despite the sharp market correction of 2022, financial advisors remain highly engaged in crypto markets, with 15% allocating in client accounts and 90% receiving inbound questions from clients about the space.

The annual survey, in its fifth edition, was conducted by Bitwise Asset Management, a large crypto index fund manager in San Francisco, and VettaFi, a data-driven ETF platform.

The survey of more than 400 US-based advisors also showed that a majority of advisors have clients who invest in crypto outside of their advisory relationship. One reason is access as less than a third of advisors reported being able to access crypto in client accounts, with the rest being blocked by company policy.

Other findings:

Two third of respondents believe that the price of bitcoin will fall this year. But 60% think it'll be higher in five years.

90% of advisors received a question about crypto from clients last year. Despite the market performance, the most common question was: "Should I consider an investment in crypto?"

Despite market volatility, a majority of advisors who currently have an allocation in client accounts plan to either maintain or increase that exposure in 2023.

"Crypto equity ETFs" were advisors' top choice when asked what exposure they were m......................

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