{"id":7880,"date":"2025-03-18T16:21:45","date_gmt":"2025-03-18T20:21:45","guid":{"rendered":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7880"},"modified":"2025-03-18T16:21:45","modified_gmt":"2025-03-18T20:21:45","slug":"advisors-arent-sold-on-bitcoin","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7880","title":{"rendered":"Advisors aren\u2019t sold on Bitcoin"},"content":{"rendered":"<p>On whether to recommend Bitcoin and other digital assets for clients, financial advisers are wary about their fiduciary duty to clients, according to a CoinShares survey.<\/p>\n<p>62% of 250 advisers in the survey think that recommending Bitcoin and digital assets doesn\u2019t align with their fiduciary obligation to act in their client\u2019s best interest, and 79% of advisers believe their role is shifting toward risk management, as their clients may seek cryptocurrency investments independently of them.<\/p>\n<p>While advisors are considering digital assets, they believe there is a need for independent education on assets.<\/p>\n<p>This is a concern as we may eventually see the Department of Labor approval of digital assets in 401(k) plans.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>On whether to recommend Bitcoin and other digital assets for clients, financial advisers are wary about their fiduciary duty to clients, according to a CoinShares survey. 62% of 250 advisers in the survey think that recommending Bitcoin and digital assets &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7880\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7880"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7880"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7880\/revisions"}],"predecessor-version":[{"id":7881,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7880\/revisions\/7881"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}