#99% of advisors will continue to invest in cryptocurrency.#
Hot Topic Overview
Overview
A new report from Bitwise and VettaFi shows that cryptocurrency adoption among financial advisors is rapidly increasing. The report surveyed 430 financial advisors and found that 96% of advisors answered client questions about cryptocurrency in 2024, up from 88% in 2023, a new all-time high. Additionally, the percentage of advisors allocating cryptocurrency in client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. The report also found that 99% of advisors who already have cryptocurrency investments plan to maintain or increase their investments in 2025, while 19% of advisors who have not yet allocated cryptocurrency plan to invest in 2025, up from 8% last year. This indicates that cryptocurrency is becoming increasingly popular within the financial industry and is poised to continue its growth trajectory.
Ace Hot Topic Analysis
Analysis
A new report by Bitwise and VettaFi shows that 99% of financial advisors who have already invested in cryptocurrencies plan to maintain or increase their investments by 2025. The report surveyed 430 financial advisors, finding that the surge in crypto prices and increased regulatory clarity in 2024 have sparked greater interest among both clients and advisors. In 2024, 96% of advisors responded to client inquiries about cryptocurrencies, a record high, up from 88% in 2023. Additionally, the percentage of advisors allocating cryptocurrencies in client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Institutional investors and Registered Investment Advisors were the most likely to allocate cryptocurrencies. An increasing number of advisors are planning to invest in cryptocurrencies in 2025, with 19% planning to make investments in 2025, up from 8% last year. The report also shows that clients are increasingly taking independent stances on cryptocurrencies, with 71% of clients investing in cryptocurrencies independently of their advisors in 2024, up from 59% in 2023.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency investment is becoming increasingly popular among financial advisors, with more and more advisors allocating cryptocurrency to their clients' portfolios.
Client interest in cryptocurrency is also growing, with more and more clients proactively asking advisors about cryptocurrency investment.
Advisors who have already invested in cryptocurrency are optimistic about the future, with the vast majority of advisors planning to maintain or increase their cryptocurrency investments.
Increased regulatory transparency and soaring cryptocurrency prices are the main factors driving the growth of cryptocurrency investment.