THERE ARE PLENTY OF REASONS for advisors to dismiss Bitcoin and different cryptocurrencies as a worthy part of shoppers’ funding portfolios. They’re largely unregulated. To say they’re risky is an understatement. And the fintech infrastructure for accessing, custodying, reporting, and billing on digital belongings remains to be in its early phases.
However crypto is right here, prefer it or not. Buyers, having seen Bitcoin’s worth rocket previous $40,000 early this 12 months after beginning 2020 at simply $7,300, are asking their advisors about it—or…