Bitcoin
$44,443.60+1.60%
Ethereum
$3,097.98+0.67%
XRP
$0.988076-1.22%
Cardano
$2.30+2.25%
Polkadot
$32.30+2.34%
Stellar
$0.299499+2.30%
Dogecoin
$0.223649-0.63%
Chainlink
$24.85+2.09%
Uniswap
$21.16-1.78%
Algorand
$1.95+6.30%
Polygon
$1.20-2.09%
Cosmos
$40.87+1.83%
Litecoin
$161.00+0.88%
Bitcoin Cash
$543.93-0.10%
Wrapped Bitcoin
$44,502.89+1.63%
The Graph
$0.798916+8.32%
Filecoin
$73.46-1.78%
Tron
$0.097527-1.39%
Ethereum Classic
$50.45-1.06%
Tezos
$6.34+9.68%
Aave
$301.51-0.28%
Monero
$246.26-0.84%
NEO
$43.17+0.59%
EOS
$4.29-0.40%
IOTA
$1.36-0.17%
BitTorrent
$0.003477-0.99%
Bitcoin SV
$145.46-0.98%
Waves
$24.40-1.24%
Maker
$2,440.85-3.38%
Dash
$181.93+3.21%
Decentraland
$0.745983+1.53%
Decred
$119.42+1.39%
ICON
$1.73+4.59%
NEM
$0.160222+0.06%
Zcash
$120.65-0.47%
OmiseGO
$9.49-3.48%
Paxos Standard
$1.01+0.80%
NuCypher
$0.296518+1.45%
Yearn Finance
$30,711.21+0.47%
Qtum
$10.66-1.50%
Bitcoin Gold
$55.73-0.37%
Basic Attention Token
$0.693681+0.13%
Ren
$1.03+24.60%
0x
$0.979976+1.59%
Fetch.ai
$0.810158+5.62%
Kava.io
$6.01+7.54%
Bancor
$3.65+0.98%
Band Protocol
$8.10+3.96%
Siacoin
$0.016096-0.17%
Nano
$4.99+0.67%
Loopring
$0.405560-1.15%
Storj
$1.16+0.81%
Civic
$0.492180+14.18%
Numeraire
$42.51+1.44%
Lisk
$3.09-0.49%
Orchid
$0.346471-0.28%
PAX Gold
$1,759.28-0.51%
Enzyme
$139.31-12.23%
Augur
$22.07-2.84%
Aragon
$5.07-0.98%
district0x
$0.159716+2.69%
Kyber Network
$1.55-0.63%
SingularDTV
$0.001375-0.65%
Tether
$1.00+0.05%
USD Coin
$1.00+0.05%
Dai
$1.00+0.01%

Most UK Financial Advisers Would Steer Clear of Crypto and Meme Stocks: Poll

Also, 95% would not recommend so-called meme stocks, such as GameStop.

Jun 16, 2021 at 2:23 p.m. UTC
Updated Sep 14, 2021 at 1:12 p.m. UTC

More than 90% of U.K. independent financial advisers (IFAs) say they would never recommend crypto or meme stocks as investments to their clients, according to a poll by Opinium.

  • Of the 200 IFAs surveyed by Opinium, 93% would not recommend investing in crypto, according to reports Wednesday.
  • Meanwhile, 95% would not recommend so-called meme stocks, such as GameStop. The video-game retailer's shares surged from $18 to $483 in January, driven by Reddit forum WallStreetBets.
  • Furthermore, 91% would be concerned if a client said they were investing in such assets.
  • Only a third of respondents reported witnessing an increase in interest from clients in crypto in 2021, while 14% have seen increased interest around meme stocks.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...