DACFP founder: US financial advisors are starting to accept bitcoin
Ric Edelman, founder of the Digital Asset Finance Professionals Council (DACFP), said in an interview with The Block that U.S. financial advisors are now more willing to include bitcoin in their portfolios because they see data showing improved risk-adjusted returns.
Ric Edelman said there has been an 80% increase in financial advisors willing to include BTC in their portfolios over the next year over the past three months, thanks to the listing of a spot bitcoin ETF in January and the addition of asset management giant BlackRock.