“In 2020, six percent of advisors said that they were allocating client money to crypto. That grew 50 percent year-over-year into 2021 to 9 percent. Still small. Meaningful because it’s a giant audience, but small. This year it’s supposed to grow another 70 percent to 16 percent of advisors allocating.
If you play that forward you’re at 50 percent of this segment having allocated by 2024. So it still feels early because 9 percent, 16 percent. Those don’t feel like everyone I talked to. But the rate is what’s important and the rate is a wave. A wave that’s gathering steam.”
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