Consensus 2024: A Breakthrough for Financial Advisors and Crypto Integration

Consensus 2024 held an exclusive RIA FA Day session where approximately 120 financial advisors learned about digital assets and engaged with industry thought leaders. The event focused on practical application within a financial advisory context, with a recurring theme of the crucial role of education. Advisors shared their experiences in client conversations and strategies for crypto allocation, with most allocating 2-5% of a portfolio to crypto. The need for regulatory clarity remains paramount as advisors navigate this evolving landscape. Robinhood announced its acquisition of Bitstamp for $200 million, and U.S. spot bitcoin ETFs now hold a combined $63 billion of AUM.