Bitcoin News

Story: Financial Advisors Now Want Stablecoins and Tokenization More Than Bitcoin

By Steven Anderson

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Why Stablecoins Are Winning Over Advisors. The appeal of stablecoins isn't hard to understand. They're pegged to traditional currencies,…

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Tokenization: The Bigger Long-Term Story. Tokenization is probably the more consequential trend, even if it's less immediately obvious to…

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Bitcoin's Role in All of This. None of this means Bitcoin is irrelevant. It's still the largest digital asset by market…

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Matt Hougan sees it clearly. The Bitwise Chief Investment Officer has watched financial advisors quietly but steadily move their attention away from Bitcoin and toward…

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For years, Bitcoin was basically the first and last word in any conversation about crypto and wealth management.

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The appeal of stablecoins isn't hard to understand. They're pegged to traditional currencies, which means they don't swing 15% in a week the way Bitcoin can.

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There's also a practical utility angle. Stablecoins can move across borders fast, settle transactions quickly, and sit inside digital portfolios without the white-knuckle price…

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Adoption across global markets has grown sharply in recent years, and financial professionals are taking notice.

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For advisors, that opens doors. Assets that were previously illiquid or accessible only to institutional players can, in theory, become part of a broader portfolio.

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Read also: Bitcoin Could Drop Another 20% Before Bear Market Ends, Analysts Warn

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Hougan's point is that advisors are paying attention to tokenization not as a distant future concept but as something actively worth understanding now.

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And advisors, by nature, want to be ahead of what their clients will eventually ask about.

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None of this means Bitcoin is irrelevant. It's still the largest digital asset by market capitalization, still the one with the longest track record, and still the one most…

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Part of that is maturity. Bitcoin has been around long enough that it's kind of a known quantity. Advisors who wanted to understand it have had time to do that.

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There's also a client demand piece. Clients are asking different questions than they were a few years ago. They're not just asking "should I buy Bitcoin?

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