Latest news with #DigitalAssetsCouncilofFinancialProfessionals
Yahoo
16-06-2025
- Business
- Yahoo
Crypto bull says all investors need 10–40% crypto allocation
Digital Assets Council of Financial Professionals (DACFP) founder and bestselling author of "The Truth About Crypto," Ric Edelman, joins Wealth with Allie Canal to make the case for why crypto should be part of your portfolio. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
At 7th Annual VISION Conference, DACFP Founder Ric Edelman Calls for Crypto Allocation of Up To 40%
Advocates a minimum 10% crypto allocation for all clients, and declares traditional 60/40 model "obsolete" ARLINGTON, Texas, June 11, 2025 /PRNewswire/ -- At the 7th Annual VISION conference this week, Digital Assets Council of Financial Professionals Founder Ric Edelman delivered groundbreaking portfolio allocation recommendations that fundamentally challenge the traditional investment approach used by millions of financial advisors. In his first public presentation of these guidelines, Edelman called for advisors to allocate a minimum of 10% in crypto for conservative portfolios and as much as 40% for aggressive accounts, declaring that the traditional 60/40 stock-bond allocation model is obsolete. "The allocation model you're familiar with—stocks and bonds—must now be replaced by one featuring stocks, crypto, and bonds," Edelman told the audience of 150 independent financial advisors. "The correct allocation now is to place 70% to 100% of the client's portfolio into stocks and crypto, with no more than 30% in bonds, and potentially zero in debt securities." He added that moderate portfolios should have a 25% crypto allocation. Edelman's position represents a dramatic shift from his prior advocacy that investors should allocate "low single digits" to crypto, and he cited two fundamental forces as the basis for his shifting viewpoint: unprecedented human longevity and advancements in exponential technologies. He argued that most clients alive today will live to age 100 or beyond, requiring portfolios to last far longer than most investors anticipate, and that the continued growth of blockchain technology will propel its levels 5 or 10 times its current size by 2030. Central to Edelman's longevity thesis is the array of breakthrough medical technologies in recent years, including cracking the human genome, CRISPR gene editing technology, focused ultrasound, and the emerging human cell atlas. Scientists project that individuals alive in 2030 will likely live past age 100, fundamentally altering today's retirement planning assumptions. "We've got to update the 60/40 glide path," Edelman explained. "You need a larger equity exposure, and for far more years, because of extended levels of longevity." This unprecedented demographic shift coincides with an equally unprecedented growth in exponential technologies. Edelman detailed how massive new markets will emerge over the next few years, displacing traditional sectors, and showed projections revealing that blockchain technology alone will grow from $176 billion today to $3 trillion by 2030, with tokenization reaching $16 trillion and bitcoin achieving $19 trillion in market value, a nearly 7x increase from today. Edelman's allocation model comes as institutional crypto adoption reaches unprecedented levels. Recent DACFP surveys show a 70% increase in financial advisors planning to recommend crypto, rising from 21% in December 2023 to 35% in March 2024. But among advisors already recommending crypto allocations, 87% suggest allocations of less than 5%, with the most common recommendation being 2%. Edelman's significantly higher allocation target reflects dramatically improved regulatory clarity and institutional engagement in crypto. The Trump administration and Congress's pro-crypto stances have reversed the restrictions of the Biden administration, with all the Biden-era prohibitions reversed. The result is that banks can now trade, custody, and lend against crypto – setting the stage for massive engagement by the banking community. Additionally, more than 1800 public companies have invested in the bitcoin ETFs holdings since their debut in January 2024, and 90 public companies hold bitcoin in their treasury reserves. "If every investor who owns traditional assets allocates just 1% to bitcoin, bitcoin's price would be $500,000," Edelman said. "A 10% allocation would put it at $5 million" – a figure predicted by Strategy's Michael Saylor. Financial advisors now have dozens of ways to invest in crypto, Edelman noted, including bitcoin and Ethereum ETFs, VC and hedge funds, crypto equities, bitcoin mining stocks and even IRA and 401(k) plans, as well as Separately Managed Accounts available from major custodians. "Bitcoin's 16-year track record shows that portfolios with bitcoin outperform portfolios that lack it, generating higher returns and lower risk," Edelman said. "All the classic Modern Portfolio Theory statistics improve with bitcoin, including the Sharpe and Sortino ratios, standard deviation, max drawdown." Edelman encouraged the advisors to continue learning about digital assets so they can make informed recommendations to their clients. He noted that thousands of financial advisors have already obtained the FINRA-listed professional designation, Certified in Blockchain and Digital Assets (CBDA), and enrollments are at an all-time high. About DACFPFounded by Ric Edelman, the Digital Assets Council of Financial Professionals is the leading provider of crypto education. DACFP connects the financial services industry and digital assets communities with leading experts via live and online events, webinars, blogs, and other educational content. Its flagship program, the FINRA-listed Certified in Blockchain and Digital AssetsSM, is the first and largest certification program of its kind—an online self-study program featuring a world-class faculty and 18 Continuing Education credits. Thousands of financial professionals from 37 countries have enrolled. View original content: SOURCE Digital Assets Council of Financial Professionals
Yahoo
21-05-2025
- Business
- Yahoo
Bitcoin Goes Mainstream as JPMorgan Reverses Stance
Jamie Dimon, who once threatened to fire traders for buying Bitcoin, now allows JPMorgan Chase & Co. (JPM) clients to purchase the cryptocurrency, signaling a shift in institutional acceptance, according to industry experts. Its transformation from fringe asset to mainstream investment vehicle has accelerated in recent weeks, with JPMorgan's reversal, the addition of Coinbase Global, Inc. (COIN) to the S&P 500 and progress on stable coin legislation marking what experts call "the great derisking" of cryptocurrency—a process that's removing traditional barriers and potentially opening the floodgates to trillions in institutional investment. "It's not the first one we've seen," said Matt Hougan, chief investment officer at Bitwise Asset Management, during a recent webinar hosted by the Digital Assets Council of Financial Professionals. "Remember, Larry Fink called Bitcoin an index of money laundering, and then called it an asset that could replace the dollar," he added, referencing the BlackRock Inc. (BLK) CEO's evolution on cryptocurrency. According to Hougan, the JPMorgan announcement marks another milestone in Bitcoin adoption. "I think JPMorgan will get there. I think you're going to see their clients buy billions of dollars of Bitcoin. It's another sign that Bitcoin is moving from the edges fully into the mainstream," he told webinar attendees. The significance extends beyond a single bank, according to Ric Edelman, founder of the Digital Assets Council of Financial Professionals. "And let's keep in mind, of course, that if JPMorgan says this, the others have no choice but to follow," Edelman said during the presentation. Hougan confirmed this industry-wide shift is already happening at major financial institutions. "This was already happening. JPMorgan is a part of a bigger story," he said, explaining that firms like Morgan Stanley (MS), Merrill Lynch, UBS Group AG (UBS), Wells Fargo & Co. (WFC) and regional broker-dealers are all moving in the same direction. The shift comes as major wealth management platforms begin to allow Bitcoin investment. "There's about $30 trillion of wealth that has not been able to buy the Bitcoin ETFs yet, and that is just opening up right now," Hougan said during the webinar, referring to assets managed by major financial institutions. The influx of institutional capital creates a fundamental supply-demand imbalance, according to Hougan. "The beauty of Bitcoin is its price is set by supply and demand," he explained, noting, "We create 165,000 new Bitcoin every year" while ETFs and public companies have already purchased more than the annual production in recent months. "When increased demand meets with fixed supply, I think what happens there is the price goes up," Hougan added, explaining the economic forces that could drive Bitcoin's value higher as institutional adoption increases. Hougan projected large price increases for Bitcoin over the next several years. "Our view is Bitcoin is going to get there in the next five years," he said, referring to a potential $1 million price target by 2029. This price target is based it potentially reaching market cap parity with gold, which Hougan described as a $23 trillion market compared to the cryptocurrency's current valuation of approximately one-tenth that size. For advisors entering the crypto market, Hougan recommended starting with client conversations and considering a measured approach to investing. "From an allocation perspective, I think there are good arguments to be made of dollar cost averaging into Bitcoin as a way of reducing behavioral risk," he | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
10-05-2025
- Business
- CNBC
Bitcoin back above $100,000: Financial planning icon Ric Edelman reacts to the crypto ETF boom
Bitcoin's milestone week comes as new crypto exchange-traded funds are hitting the market. Investor and best-selling personal finance author Ric Edelman thinks the rollout gives investors more access to upside. He finds buffer ETFs and yield ETFs particularly exciting. "You can now invest in bitcoin ETFs that protect you against the downside volatility while preserving your ability to enjoy the upside profits," Edelman told CNBC's "ETF Edge" this week." You can generate massive amounts of yield, much more than you can in the stock market." Edelman is the founder of the Digital Assets Council of Financial Professionals, which educates financial advisors on cryptocurrencies. He is also in Barron's Financial Advisor Hall of Fame. "Crypto is meant to be a long-term hold, just like the stock market," said Edelman. "It's meant to diversify the portfolio." His thoughts came as a bitcoin rally got underway. The cryptocurrency crossed $100,000 on Thursday for the first time since February. As of Friday's close on Wall Street, bitcoin gained 6% this week. It is now up almost 10% so far this month. However, Edelman sees problems when it comes to leverage and inverse bitcoin ETFs. He warned that not all crypto ETFs are appropriate for retail investors, suggesting most don't understand how they work. "These leveraged ETFs often have an assumption you're going to hold the fund for a single day, a daily reset," he said. "That's literally the same thing as buying a lottery ticket. This isn't investing." During the same interview, "ETF Edge" host Bob Pisani referenced 2x Bitcoin Strategy ETF (BITX) as an example of a leveraged bitcoin product that includes daily fees and resets. The fund is beating bitcoin this week, jumping more than 12%. So far this month, the ETF is up 19%. But the BITX is underperforming bitcoin this year. It is up about 1.5%, while bitcoin is up roughly 10%. Volatility Shares is the ETF provider behind BITX. The company writes on its website: "The Fund is not suitable for all investors … An investor in the Fund could potentially lose the full value of their investment within a single day."
