BROADCASTS.com

Ric Edelman, founder of Edelman Financial Engines, and Matthew Kolesky, president at Arbor Capital, discuss the state of Bitcoin adoption amongst financial advisors, who control $5 trillion in investor wealth. In this episode, they talk about:\n their background and why they got into crypto (1:25)\n how most RIAs (registered investment advisors) view digital assets and the hassle of buying crypto on a client\u2019s behalf (8:59)\n what percentage of financial advisors have already invested in bitcoin and how many more will come into the space by next year (18:20)\n how RIADAC -- the RIA Digital Assets Council -- is educating financial advisors about crypto (21:59)\n their favorite methods to explain Bitcoin and other digital assets (25:22)\n the different ways financial advisors are getting bitcoin/crypto exposure for their clients (35:32)\n why RIAs use investment vehicles to purchase Bitcoin rather than spot-buying the actual asset (39:58)\n why GBTC is trading at a deficit to the bitcoin price and their thoughts on a bitcoin ETF (44:40)\n the percent allocation to crypto they feel comfortable with for their clients (54:26)\n how they rebalance crypto holdings, whether they use yield-bearing crypto products yet, and projections for 2021 (57:35)\n \xa0\n Thank you to our sponsors!\xa0\n Download the Crypto.com app and get $25 with the code \u201cLaura\u201d: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2\xa0\n \xa0\n Indexed Finance: https://indexed.finance/\xa0\n \xa0\n Episode links:\n Ric Edelman\n Twitter: https://twitter.com/ricedelman?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\n\n RIADAC: https://riadac.com/\n\n \xa0\n Matt Kolesky\n Twitter: https://twitter.com/mkolesky\xa0\n Arbor Capital: https://www.acminc.com/\xa0+ https://digital.arbor.capital/\xa0\n \xa0\n Helpful Links:\n Bitwise ETF Trends + Survey of Financial Advisors https://static.bitwiseinvestments.com/Research/Bitwise-2021-Benchmark-Survey-Financial-Advisor-Attitudes-Toward-Cryptoassets.pdf\n \n Fidelity\u2019s Bitcoin Investment Thesis \n https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdf\xa0\n \n RIADAC\u2019s 12 Predictions for 2021 https://www.thinkadvisor.com/2021/01/07/ric-edelman-12-predictions-for-bitcoin-other-cryptos-in-2021/\n \n RIADAC 1% Allocation strategy https://riadac.com/digital-assets-are-now-mainstream/its-still-early-with-tremendous-upside-potential/\n \n Arbor Capital\u2019s \u201cTrue Digital Asset SMA\u201d \n https://www.prnewswire.com/news-releases/arbor-digital-and-blockchange-partner-on-digital-asset-sma-for-registered-investment-advisors-301219459.html\xa0\n \n Grayscale BTC Premium Flips Negative https://www.coindesk.com/grayscale-negative-premium-bitcoin\n \n Blockchange https://blockchange.ai/\n \n \nLearn more about your ad choices. Visit megaphone.fm/adchoices