Financial advisors should consider the benefits of non-correlated assets within a client portfolio, rather than attempt the impossible of market timing.
In a presentation to the SEC, the asset manager says broker-dealers and RIAs are interested in a bitcoin ETF, and that the fund would be compatible with advisors' fiduciary responsibility.
While one year shouldn’t dictate a change in your client’s investment strategy, the volatility in 2018 and early 2019 might give you pause as you help them plan for the road ahead.