Samara Cohen, BlackRock's chief investment officer for ETFs and Index Investments, predicts that crypto ETFs will be incorporated into model portfolios by the end of 2024. Major financial institutions, including Morgan Stanley, Wells Fargo, and UBS, are enhancing their risk analytics and due diligence regarding crypto ETFs. The move is expected to boost the management of model portfolios significantly, reflecting increased mainstream acceptance of cryptocurrencies.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
