Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman

Ric Edelman, founder of financial advisory outfit Edelman Financial Engines, described Bitcoin (BTC) and crypto assets as a “completely new and different asset class” that has nothing in common with mainstream staples like stocks, bonds, real estate, oil, or commodities, to mention a few. Speaking to Yahoo Finance on Wednesday, the financial adviser called Bitcoin […]

Big rise in financial advisers adding crypto assets to client portfolios

According to a survey, financial advisers are recommending investments in Bitcoin and crypto assets to their clients more than ever before. A report by the Financial Planning Association released on June 1 has taken a look at the changing attitudes towards crypto assets. The ‘2021 Trends in Investing Survey’ revealed that more financial advisers than […]