05.21.24

Franklin Templeton Survey Shows Surging Advisor Interest in Crypto

by: Christopher C. Williams

The number of advisors planning to recommend digital assets in the coming months has jumped since last year, according to a survey released by Franklin Templeton. The March survey found that 35% of advisors plan to recommend digital assets to their clients sometime over the next six months, up from 21% in December. However, the number of respondents currently recommending crypto to clients fell sharply in the survey to 34%, from 59% in the December poll. The report attributed the fall to firms issuing “new guidance to advisors during their due diligence process of evaluating the new spot bitcoin ETFs.”

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