#99% of advisors will continue investing in cryptocurrencies#
Hot Topic Overview
Overview
A new report by Bitwise and VettaFi reveals that cryptocurrency investments are becoming increasingly popular among financial advisors. The report surveyed 430 financial advisors, and found that 56% are more likely to invest in crypto this year, while 99% of advisors who already invest in crypto plan to maintain or increase their investments. The surge in cryptocurrency prices in 2024 and increased regulatory clarity have sparked greater interest among both clients and advisors, with 96% of advisors responding to client inquiries about crypto, up from 88% in 2023. The report also shows that more advisors are beginning to incorporate crypto into client portfolios, rising from 11% in 2023 to 22% in 2024.
Ace Hot Topic Analysis
Analysis
A new report from Bitwise and VettaFi shows that 99% of financial advisors who already invest in cryptocurrencies plan to maintain or increase their investments in 2025. The report surveyed 430 financial advisors, revealing that the outcome of the 2024 US presidential election has shifted market sentiment, with 56% of financial advisors more likely to invest in cryptocurrencies this year. In 2024, 96% of advisors responded to client inquiries about cryptocurrencies, a record high, up from 88% in 2023. Additionally, the proportion of advisors allocating cryptocurrencies to their clients’ portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Institutional investors (30%) and Registered Investment Advisors (RIAs) (28%) were most likely to allocate cryptocurrencies, followed by representatives of large brokerages (24%). Advisors' clients are also increasingly taking an independent stance on cryptocurrencies, with 71% of clients investing independently of their advisors in 2024, up from 59% in 2023. The report also indicates that advisors who have not yet allocated cryptocurrencies are increasingly inclined to do so, with 19% planning to invest in 2025, up from 8% last year.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency investment is becoming increasingly popular among financial advisors, with 99% of advisors who have already invested planning to maintain or increase their investments.
The surge in cryptocurrency prices in 2024 and increased regulatory transparency have sparked greater interest among both clients and advisors.
More and more advisors are beginning to allocate to cryptocurrencies, with 19% planning to invest in 2025.
Clients are also showing increasing interest in cryptocurrencies, with 71% of clients investing in cryptocurrencies independently of their advisors.