There is massive potential for wealth managers to offer crypto investing, according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.
Another quiet week for launches but 21Shares has added a metaphorical puffer coat to its protection against the crypto winter with the launch of risk-controlled exposure to bitcoin and Ethereum and we have two new entrants into the European ETF white labelling offering – Leverage Shares and Waystone.
Plans to strengthen the rules on cryptoasset advertisements and protect consumers from misleading claims have been published by the UK government.
Recent research from ETF issuer WisdomTree revealed that over seven in 10 (72 per cent) of UK advisers have spoken to their clients about investing in cryptocurrencies, with almost half of clients (45 per cent) intending to step outside of their adviser relationship to allocate to the asset class.
Philippa Aylmer writes that between the start of 2021 and mid-October, just over GBP146,000 had been lost to cryptocurrency fraud, according to Action Fraud Fund, the UK’s national reporting centre for fraud and cybercrime.
A survey commissioned by ETF and ETP issuers WisdomTree has revealed that over seven in 10 (72 per cent) of UK advisers have spoken to their clients about investing in cryptocurrencies, with almost half of clients (45 per cent) intending to step outside of their adviser relationship to allocate to the asset class.
Investment platform eToro has announced that it has added four more assets to its crypto offering. Cosmos (ATOM), The Graph (GRT), Curve (CRV) and 1inch (1INCH) are all now available on the eToro investment platform, which means eToro’s offering now consists of 36 cryptoassets.
Wealth Adviser's sister title ETF Express features the first in a new series of videos with Asset TV on ETFs, opening with the thematic panel, featuring Allan Lane from Algo-Chain, creator of ETF model portfolios; Hector McNeil of ETF white labelling firm HANetf; Thomas Bailey, ETF editor from Interactive Investor and David Barfoot from thematic ETF issuer Rize ETFs.
Konstantin Anissimov, Executive Director at CEX.IO, writes on the crypto crackdown in the UK, saying that the industry should embrace it.