Published on: December 8th, 2020 • Duration: 47 minutes
Acclaimed financial advisor Ric Edelman, founder of the RIA Digital Assets Council (www.riadac.com) and Edelman Financial Engines, the #1 RIA firm in the nation according to Barron’s, talks with Real Vision CEO Raoul Pal about the barriers preventing financial managers and investors from buying bitcoin and how the crypto community can gain mass adoption. Edelman explains the benefits of adding Bitcoin to a diversified portfolio, shares his approach to investing in digital assets, and reveals his expectations for a Bitcoin ETF. All this and more, recorded Nov. 30, 2020. Key Learnings: Due to the slow progress of an official Bitcoin ETF, there are significant barriers to entry for financial managers to give their clients exposure to this asset class. Edelman explains how these barriers will eventually be removed. As Bitcoin provides valuable diversification for portfolios where traditional allocations may no longer generate satisfactory returns and hedge risk in the current market environment, there is an urgent need for investors to become educated about the crypto asset class as it approaches mainstream adoption.