#99% of advisors will continue to invest in cryptocurrency.#
Hot Topic Overview
Overview
A new report from Bitwise and VettaFi shows that cryptocurrency investing is 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 those already investing in crypto plan to maintain or increase their investments. In 2024, a record high of 96% of advisors answered client inquiries about crypto, up from 88% in 2023. Additionally, the proportion of advisors allocating crypto in client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. The report also highlights that a growing number of advisors plan to invest in crypto in 2025, indicating strong momentum within the industry.
Ace Hot Topic Analysis
Analysis
A new report from Bitwise and VettaFi reveals that 99% of financial advisors who have already invested in crypto plan to maintain or increase their investment by 2025. The report surveyed 430 financial advisors, revealing 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 fielded client inquiries about crypto, a record high and up from 88% in 2023. Furthermore, the proportion of advisors allocating crypto in client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Institutional investors and Registered Investment Advisors are most likely to allocate to crypto. The report also notes that advisors who haven't yet allocated to crypto 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 markets saw price increases and improved regulatory transparency in 2024, attracting more interest from clients and advisors.
More and more financial advisors are allocating cryptocurrency, with institutional investors, registered investment advisors, and large brokerage firms representing the highest allocation proportions.
More and more clients are independently investing in cryptocurrencies, no longer relying solely on financial advisor recommendations.
Most financial advisors who have already invested in cryptocurrencies plan to maintain or increase investments, indicating their long-term optimism for the cryptocurrency market.