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Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF -Breaking

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Grayscale comments, survey of financial advisers indicate strong support for spot cryptocurrency ETFs

The United States Securities and Exchange Commission is yet to approve spot exchange-traded funds, but a Nasdaq survey suggests that this offering may encourage financial advisors to adopt crypto.

A Nasdaq survey on Monday found that 72% of 500 financial advisors are more likely to be successful. Place your moneyIf the SEC approved a spot cryptocurrency ETF product, their clients would have crypto assets. For those already invested in crypto products, 86% of the financial advisers said they planned to increase allocations within a year — roughly half already have investments in ETFs linked to Bitcoin (BTC) futures.