Financial advisors in the US are finally warming up to Bitcoin
Quick Take
- DACFP founder Ric Edelman explains how financial advisors are now more receptive to including Bitcoin in portfolios because they have seen the data demonstrating improved risk-adjusted returns.
Episode 34 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and DACFP Founder Ric Edelman.
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Ric Edelman is the founder of the Digital Assets Council of Financial Professionals (DACFP).
In this episode, Edelman discusses the importance of financial advisors in the crypto space and emphasizes the need for advisors to understand and embrace crypto to serve their clients' best interests.
OUTLINE
0:00 Introduction
04:46 Financial Advisors & BTC
09:38 Bitcoin Adoption Curve
14:02 Shifting FA Perspectives
22:44 Logistics of BTC Allocation
30:51 Updating Portfolio Thoery
34:30 Ric's BTC Price Target
38:01 Residual Skeptics
42:28 Closing Thoughts
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network
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