Crypto ETFs surge in popularity among U.S. advisors as 'reputational' risk fades

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On March 25, according to CoinDesk, most U.S. financial advisors plan to increase their investment in cryptocurrency ETFs this year, with 57% of advisors intending to raise their investment proportion, and only 1% planning to reduce investment.

Advisors are particularly focused on cryptocurrency stock ETFs, which invest in publicly traded companies related to the crypto industry, such as Strategy or Tesla.

Spot and multi-token ETFs are also gaining attention, with 22% of advisors planning to allocate funds to crypto spot ETFs, and 19% interested in crypto asset funds holding multiple tokens.

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