A CFA Institute survey finds that most brokerages prohibit solicited sales of cryptoassets. Moreover, 67% of financial advisors said they would not sell such investments to clients even if they could. But the survey also reveals a generational divide, with early-career advisors expressing the most openness to cryptoassets and late-career advisors expressing the least interest. The survey found only a limited increase in investor interest in crypto over the past 12 months, with 44% of advisors reporting no increase. The survey was conducted in November 2022 among members of the Financial Services Institute and received responses from 340 financial advisors.
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THEME: CAPITAL MARKETS