Matt Hougan: Financial advisors increase crypto allocation plans in webinars

Matt Hougan: Financial advisors increase crypto allocation plans in webinars
Advisors boost crypto allocation plans

Matt Hougan, industry influencer, shared that during a recent webinar on crypto for financial advisors, 51% of the over 200 attendees said they planned to allocate to crypto in the next six months.

He noted this marks the highest such response he has seen in six years of conducting similar webinars for advisors at Bitwise.

Hougan has previously observed that institutional investors have accepted crypto as a store of value. In a past report, he wrote that institutions have embraced crypto in this role. According to Hougan, widespread use of crypto for payments remains limited.

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