{"id":59944,"date":"2022-04-11T18:45:25","date_gmt":"2022-04-11T15:45:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59944"},"modified":"2025-09-05T00:44:05","modified_gmt":"2025-09-04T21:44:05","slug":"nasdaq-72-of-surveyed-financial-advisers-would-back-investments-in-a-spot-crypto-etf","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nasdaq-72-of-surveyed-financial-advisers-would-back-investments-in-a-spot-crypto-etf\/","title":{"rendered":"Nasdaq: 72% of surveyed financial advisers would back investments in a spot crypto ETF"},"content":{"rendered":"

Seventy-two percent of surveyed<\/a> Nasdaq 500 financial advisers would, with a high probability, invest client funds in cryptocurrencies if they had access to the corresponding spot ETF<\/span> product.<\/p>\n

The survey of advisers overseeing assets worth about $26 trillion was conducted by 8 Acre Perspective on behalf of Nasdaq.<\/p>\n

According to the study, only 38% of respondents are confident that the U.S. Securities and Exchange Commission (SEC) will approve a spot crypto ETF in 2022. 31% of respondents view such an outcome as unlikely.<\/p>\n

\n

‘The vast majority of advisers we surveyed plan to either start allocating funds to cryptocurrency or increase existing allocations,’ said Jake Rapaport, head of Nasdaq’s Digital Asset Indexes research.<\/p>\n<\/blockquote>\n

Among advisers investing in digital assets, 86% intend to increase the crypto share of their portfolios over the next 12 months. No one said they planned to reduce it. Of the same group, 50% already use bitcoin futures ETFs, and 28% plan to start.<\/p>\n

According to the study, only four in ten advisers had considered investing in individual cryptocurrencies.<\/p>\n

The SEC has yet to approve any application to launch a spot Bitcoin ETF. At the same time, the agency allowed the launch of exchange-traded funds based on futures on the first cryptocurrency from VanEck, Valkyrie Investments<\/a> and ProShares<\/a>.<\/p>\n

In February 2022, the chairman of the Securities and Exchange Commission, Gary Gensler explained the situation<\/a> as the applications received by the agency did not meet the standards of the Securities Act designed to curb fraudulent or manipulative practices.<\/p>\n

Grayscale Investments called<\/a> the conversion of the Bitcoin Trust into an ETF a top priority. The company sent the regulator the corresponding application<\/a> in October 2021. In February 2022 the SEC delayed a decision<\/a>.<\/p>\n

The company argued that the Commission violated the law<\/a> by approving bitcoin futures ETFs, and stated readiness to sue<\/a> the agency if the GBTC-to-ETF conversion were denied.<\/p>\n

As Bloomberg analysts noted, the SEC would approve a spot bitcoin ETF<\/a> in mid-2023.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog Feed<\/a> \u2014 the full feed of news, ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Seventy-two percent of the Nasdaq 500 financial advisers surveyed would, with a high probability, invest client funds in cryptocurrencies if they had access to a corresponding spot ETF product.<\/p>\n","protected":false},"author":1,"featured_media":59945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,768,1211],"class_list":["post-59944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-nasdaq","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=59944"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59944\/revisions"}],"predecessor-version":[{"id":59946,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59944\/revisions\/59946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/59945"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=59944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=59944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=59944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}