WisdomTree has been actively engaging in many of these conversations and consultations with regulators.
We do believe that regulatory clarity will help the industry, as it gives legitimacy to the asset class and makes crypto more useful and investable.
FTA: How should advisers deal with clients' interest in crypto?
AL: Surveyed data has quoted an increasing amount of interest from the end clients who are looking to invest in cryptocurrency as part of a diversified portfolio.
Some even suggested their willingness to step outside the advisory relationship to gain access.
Advisers could help their clients in these situations by getting up-to-speed on the asset class and guiding them on their journey into crypto. In order to minimise capital risk, risk management and education should be a priority.
sonia.rach@ft.com
