#99% of advisors will continue investing in cryptocurrencies.#
Hot Topic Overview
Overview
A recent report by Bitwise and VettaFi revealed 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, and its findings show that surging crypto prices and enhanced regulatory transparency in 2024 have spurred greater interest among both clients and advisors. In 2024, 96% of advisors responded to client inquiries regarding cryptocurrencies, a record high compared to 88% in 2023. Additionally, the proportion of advisors allocating cryptocurrencies in client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Advisors who haven't yet allocated cryptocurrencies are increasingly inclined to do so, with 19% planning to invest in 2025, up from 8% last year.
Ace Hot Topic Analysis
Analysis
A new report by Bitwise and VettaFi shows 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, and the results indicate that crypto's price surge in 2024 and increased regulatory clarity have generated greater interest among clients and advisors. In 2024, 96% of advisors responded to client inquiries about crypto, a record high, up from 88% in 2023. Additionally, the proportion of advisors allocating crypto doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Institutional investors and registered investment advisors are most likely to allocate crypto. The report also shows that more advisors plan to invest in crypto in 2025, with 19% planning to invest, up from 8% last year. This suggests that crypto's position within the financial industry is on the rise, with an increasing number of advisors and clients recognizing its value.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency investment is becoming increasingly popular among financial advisors, with 56% of advisors more likely to invest in crypto this year.
The surge in cryptocurrency prices and increased regulatory clarity in 2024 has sparked greater interest from clients and advisors alike, with 96% of advisors fielding inquiries from clients about cryptocurrency.
More and more advisors are starting to allocate to crypto, rising from 11% in 2023 to 22% in 2024.
99% of advisors who have already invested in crypto plan to maintain or increase their investment.