News | 06.30.21
Saving for Retirement? Now You Can Bet on Bitcoin
Financial services companies are rolling out new products and services that allow more everyday investors to add bitcoin and other virtual currencies to their retirement accounts as a way of reaching for higher returns. Investors currently have $22.5 trillion tied up in IRAs and 401(k)s. In a recent survey of more than 500 financial advisors conducted by the Financial Planning Association and two other organizations, 14 percent of the advisors said they use or recommend cryptocurrency, compared with fewer than 1 percent who said so in 2019 and 2020.
Read the full article on Wall Street Journal.