#Crypto advisor adds to crypto holdings#
Hot Topic Overview
Overview
Crypto advisors' enthusiasm for cryptocurrency investments remains high. A new report by Bitwise and VettaFi shows that 56% of financial advisors are more likely to invest in crypto this year, with the results of the 2024 US election shifting market sentiment and driving client and advisor interest in crypto. In 2024, 96% of advisors responded to client inquiries about crypto, an all-time high. The proportion of advisors allocating to crypto also rose from 11% in 2023 to 22% in 2024, with institutional investors and Registered Investment Advisors being the primary groups allocating to crypto. Additionally, 99% of advisors who already invest in crypto plan to maintain or increase their investments, while 19% of those who have not yet allocated to crypto plan to invest in 2025.
Ace Hot Topic Analysis
Analysis
The enthusiasm of crypto advisors for investing in cryptocurrencies is on the rise. A new report from Bitwise and VettaFi shows that 56% of financial advisors are more likely to invest in cryptocurrencies this year, significantly higher than last year. In 2024, 96% of advisors answered client inquiries about cryptocurrencies, a record high, indicating increased client interest in the space. The report also shows that a growing number of advisors are incorporating cryptocurrencies into client portfolios, increasing from 11% in 2023 to 22% in 2024. Notably, 99% of advisors already invested in cryptocurrencies plan to maintain or increase their investments, demonstrating their confidence in the future of the crypto market. Furthermore, despite the impact of the 2024 US election results on market sentiment, the surging prices of cryptocurrencies and enhanced regulatory clarity have attracted more clients and advisors alike.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency investments are becoming increasingly popular among financial advisors, with more and more advisors allocating cryptocurrency to their clients' portfolios.
The surge in cryptocurrency prices in 2024 and increased regulatory transparency have driven interest in cryptocurrency among both clients and advisors.
Most financial advisors who have already invested in cryptocurrency plan to maintain or increase their investments.
An increasing number of financial advisors plan to invest in cryptocurrency in the future, indicating growing recognition of cryptocurrency within the financial realm.