#Crypto Advisors Are Bullish on Digital Currencies#
Hot Topic Overview
Overview
Cryptocurrency bullishness among advisors 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, and 99% of those already invested plan to maintain or increase their investment. The surge in cryptocurrency prices and the increase in regulatory clarity in 2024 have driven greater interest from both clients and advisors, with 96% of advisors fielding questions from clients about cryptocurrency, up from 88% in 2023. The increasing number of advisors planning to invest in cryptocurrencies in 2025 demonstrates the strong momentum in the industry.
Ace Hot Topic Analysis
Analysis
The outlook for digital currencies among financial advisors is improving. A report by Bitwise and VettaFi found that 56% of financial advisors are more likely to invest in cryptocurrencies this year, up from last year. In 2024, 96% of advisors fielded client inquiries about cryptocurrencies, a new high. Additionally, the proportion of advisors allocating cryptocurrencies in client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. The report also indicated that 99% of advisors who have already invested in cryptocurrencies plan to maintain or increase their investments, while 19% of those who haven't allocated to cryptocurrencies plan to invest in 2025, up from 8% last year. These figures suggest that the acceptance of cryptocurrencies among financial advisors is on the rise, fueled by factors such as the outcome of the 2024 US presidential election and the surge in cryptocurrency prices.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency investments are becoming increasingly popular among financial advisors, with 56% of advisors more likely to invest in cryptocurrencies this year.
The cryptocurrency price surge and increased regulatory transparency in 2024 have sparked greater interest from clients and advisors, with 96% of advisors answering client inquiries about cryptocurrencies.
More advisors are incorporating cryptocurrencies into client portfolios, with the proportion of advisors allocating to cryptocurrencies increasing from 11% in 2023 to 22% in 2024.
The vast majority (99%) of advisors who have already invested in cryptocurrencies plan to maintain or increase their investments.