Financial Advisors Control $5 Trillion in Investor Wealth. Are They Buying Bitcoin? - Ep.222
Unchained23 Mar 2021

Financial Advisors Control $5 Trillion in Investor Wealth. Are They Buying Bitcoin? - Ep.222

Ric Edelman, founder of Edelman Financial Engines, and Matthew Kolesky, president at Arbor Capital, discuss the state of Bitcoin adoption amongst financial advisors, who control $5 trillion in investor wealth. In this episode, they talk about: their background and why they got into crypto (1:25) how most RIAs (registered investment advisors) view digital assets and the hassle of buying crypto on a client’s behalf (8:59) what percentage of financial advisors have already invested in bitcoin and how many more will come into the space by next year (18:20) how RIADAC -- the RIA Digital Assets Council -- is educating financial advisors about crypto (21:59) their favorite methods to explain Bitcoin and other digital assets (25:22) the different ways financial advisors are getting bitcoin/crypto exposure for their clients (35:32) why RIAs use investment vehicles to purchase Bitcoin rather than spot-buying the actual asset (39:58) why GBTC is trading at a deficit to the bitcoin price and their thoughts on a bitcoin ETF (44:40) the percent allocation to crypto they feel comfortable with for their clients (54:26) how they rebalance crypto holdings, whether they use yield-bearing crypto products yet, and projections for 2021 (57:35) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Indexed Finance: https://indexed.finance/ Episode links: Ric Edelman Twitter: https://twitter.com/ricedelman?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor RIADAC: https://riadac.com/ Matt Kolesky Twitter: https://twitter.com/mkolesky Arbor Capital: https://www.acminc.com/ + https://digital.arbor.capital/ Helpful Links: Bitwise ETF Trends + Survey of Financial Advisors https://static.bitwiseinvestments.com/Research/Bitwise-2021-Benchmark-Survey-Financial-Advisor-Attitudes-Toward-Cryptoassets.pdf Fidelity’s Bitcoin Investment Thesis https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdf RIADAC’s 12 Predictions for 2021 https://www.thinkadvisor.com/2021/01/07/ric-edelman-12-predictions-for-bitcoin-other-cryptos-in-2021/ RIADAC 1% Allocation strategy https://riadac.com/digital-assets-are-now-mainstream/its-still-early-with-tremendous-upside-potential/ Arbor Capital’s “True Digital Asset SMA” https://www.prnewswire.com/news-releases/arbor-digital-and-blockchange-partner-on-digital-asset-sma-for-registered-investment-advisors-301219459.html Grayscale BTC Premium Flips Negative https://www.coindesk.com/grayscale-negative-premium-bitcoin Blockchange https://blockchange.ai/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(1083)

DEX in the City: How Crypto Exchanges May Be Holding Up the Market Structure Bill

DEX in the City: How Crypto Exchanges May Be Holding Up the Market Structure Bill

If you’re looking for help with crypto taxes, Crypto Tax Girl is offering $100 off for Unchained listeners. They provide personalized crypto tax reports and tax returns, and availability before April...

30 Jan 51min

Crypto Sentiment Is Down Bad. The Reality Is Far Different, Says Ryan Watkins

Crypto Sentiment Is Down Bad. The Reality Is Far Different, Says Ryan Watkins

Thank you to our sponsor, Adaptive Security! As AI makes deception easier, security gets harder. Adaptive runs deepfake and phishing simulations so your team can train for real-world threats. Explor...

29 Jan 29min

The DAO’s Unclaimed ETH Becomes a $220M Ethereum Security Fund

The DAO’s Unclaimed ETH Becomes a $220M Ethereum Security Fund

Thank you to our sponsor, Walrus! Walrus is where the world’s data becomes reliable, valuable, and governable. --- In this exclusive Unchained interview, Griff Green, one of the original DAO curato...

29 Jan 1h 24min

The Chopping Block: RWA Perps Go Parabolic, ClawdBot, & Superstate's $82M Raise

The Chopping Block: RWA Perps Go Parabolic, ClawdBot, & Superstate's $82M Raise

The crew breaks down Superstate's massive $82M Series B for tokenization, the explosive rise of TradeXYZ's commodities trading hitting $1B+ volume, different tokenization models from "bootleg" to "bac...

29 Jan 54min

Why 2025 Crypto Taxes Will Be Trickier Than Normal: What You Need to Know

Why 2025 Crypto Taxes Will Be Trickier Than Normal: What You Need to Know

If you’re looking for help with crypto taxes, Crypto Tax Girl is offering $100 off for Unchained listeners. They provide personalized crypto tax reports and tax returns, and availability before April...

29 Jan 1h 22min

Gold to $12,000 or “Sell Gold Today”? – Bits + Bips

Gold to $12,000 or “Sell Gold Today”? – Bits + Bips

Crypto taxes stressing you out? You don’t have to figure it out alone. We’ve partnered with Crypto Tax Girl, a crypto-focused tax firm that’s been helping investors since 2017, to give readers $100 o...

28 Jan 1h 6min

Bits + Bips: Why Gold Still Dominates — And What Bitcoin Must Prove

Bits + Bips: Why Gold Still Dominates — And What Bitcoin Must Prove

Gold is hitting new highs. Bitcoin is struggling to keep up. And once again, the “digital gold” narrative is being put to the test.On today’s episode of Bits + Bips: The Interview, host Steve Ehrlich ...

24 Jan 48min

Uneasy Money: Why Crypto Still Can't Overcome Its ICO Struggles

Uneasy Money: Why Crypto Still Can't Overcome Its ICO Struggles

Thank you to our sponsors! Fuse: The Energy Network MultiChain Advisors Trove Markets crashed at launch after a hyped ICO. X has pulled the plug on the InfoFi meta. Farcaster has been absorbed. In...

23 Jan 1h 17min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
i-retten
stopp-verden
det-store-bildet
fotballpodden-2
lydartikler-fra-aftenposten
popradet
rss-gukild-johaug
dine-penger-pengeradet
rss-ness
nokon-ma-ga
aftenbla-bla
hanna-de-heldige
rss-dannet-uten-piano
frokostshowet-pa-p5
rss-utenrikskomiteen-med-bogen-og-grasvik
unitedno