ETF guardrails open up possibilities

Multiple surveys out of the US show financial advisers’ appetite for crypto exposure is on the rise, with ETFs and the protections they offer seen as an effective way of exploring digital assets.

One recent industry poll by TMX VettaFi which tested adviser intentions, shows 57% plan on increasing their allocations into crypto ETFs, while 42% think they will maintain their position. Only 1% are considering reducing their position.

Locally, advisers’ interest in exposure to crypto through ETFs is being driven less by a shift in sentiment about the reputation of digital assets and is more about the evolution of the products available for investors, says Hamilton Hindon Greene investment advisor Jeremy Sullivan.

“Your professional indemnity insurance doesn't allow you to to invest in things that wouldn't be somewhat mainstream.