A brand new survey from Nasdaq has shed extra mild on the expansion of a spot crypto alternate traded fund (ETF) embrace in the USA.

The survey consists of 500 monetary advisors, together with Registered Impartial Advisors (RIA) and unbiased brokers alike.

Based on the survey, it was discovered that 86% of advisors at present investing in digital currencies plan to extend their holdings over the subsequent yr. The survey additionally discovered that 72% of respondents could be extra open to investing their purchasers’ funds in crypto if a spot bitcoin ETF have been authorized by the US Securities and Alternate Fee (SEC).

Of the respondents, 50% mentioned they already use Bitcoin futures ETFs and 28% plan to make use of them within the subsequent 12 months. As many as three bitcoin futures ETFs have began buying and selling within the U.S., the most recent being from Teucrium, as reported by Blockchain.Information final week.

“For the previous decade, monetary advisors have centered on reallocating belongings into index funds. As they combine digital belongings into their funding methods, they’re expressing robust curiosity in an identical automobile that may provide their purchasers broad asset class publicity,” mentioned Jake Rapaport, Head of Digital Asset Index Analysis, Nasdaq. “The overwhelming majority of advisors we surveyed both plan to begin allocating to crypto or improve their present allocation to crypto. As demand continues to rise, advisors will search an institutional answer to the crypto problem that’s now dominating shopper conversations.”

Different highlights from the survey appeared on the threat urge for food of those monetary funding managers, with most agreeing that solely about 6% of shopper portfolios are sufficient to spend money on any crypto product. With the rising consideration of To alter The Nasdaq survey on crypto’s local weather influence reveals that 7% of buyers agree that “ESG is an important consideration in terms of setting a shopper’s digital asset technique.”

Picture supply: Shutterstock

, Discover Crypto ETFs Extremely Demanded by Monetary Advisors: Nasdaq Report

, Discover Crypto ETFs Extremely Demanded by Monetary Advisors: Nasdaq Report

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