In today’s "Crypto for Advisors" newsletter, Joshua De Vos, research team lead at CoinDesk, breaks down crypto trends and adoption from the CoinDesk Quarterly Digital Asset Report. Then, Kim Klemballa answers what advisors need to know about crypto "Ask an Expert."Thank you to our sponsor of this week's newsletter, Grayscale. For financial advisors near Denver, Grayscale is hosting an exclusive event, Crypto Connect, on Thursday, October 23. Learn more. – Sarah Morton Unknown block type "divider", specif ...

Institutional capital is increasingly steering the direction of the crypto market, executives from Bitwise Asset Management and Aspen Digital told Decrypt in separate interviews during the Token2049 conference in Singapore last week.  Hong Kim, Chief Technology Officer and co-founder of Bitwise, said the investor base for Bitcoin has shifted from retail traders to long-term allocators.  “The first year of Bitcoin ETFs saw about $30 billion of inflows; this year we’ve already added another $20 billion,” he s ...