According to a report by Cointelegraph on November 20, Deep Tide TechFlow news indicates that a recent survey by crypto payment provider Zerohash shows that 35% of young wealthy American investors are shifting their funds due to financial advisors not offering crypto assets investment options. The survey targeted 500 investors aged 18-40 with an annual income between $100,000 and $1,000,000. Among those earning over $500,000, this group is “leading the exodus”, with half having changed advisors due to issues related to crypto assets.
The survey also found that 84% of respondents plan to increase their holdings in Crypto Assets over the next year, with nearly half indicating they will “significantly increase their allocation.” More than 80% of investors stated that the adoption of Crypto Assets by mainstream financial institutions such as BlackRock, Fidelity, and Morgan Stanley has increased their confidence in this asset class.
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More than 30% of young wealthy investors in the U.S. are changing financial advisors due to a lack of Crypto Assets services.
According to a report by Cointelegraph on November 20, Deep Tide TechFlow news indicates that a recent survey by crypto payment provider Zerohash shows that 35% of young wealthy American investors are shifting their funds due to financial advisors not offering crypto assets investment options. The survey targeted 500 investors aged 18-40 with an annual income between $100,000 and $1,000,000. Among those earning over $500,000, this group is “leading the exodus”, with half having changed advisors due to issues related to crypto assets.
The survey also found that 84% of respondents plan to increase their holdings in Crypto Assets over the next year, with nearly half indicating they will “significantly increase their allocation.” More than 80% of investors stated that the adoption of Crypto Assets by mainstream financial institutions such as BlackRock, Fidelity, and Morgan Stanley has increased their confidence in this asset class.