#Crypto investment heat remains undiminished.#
Hot Topic Overview
Overview
The crypto investment fever continues unabated, with a new report from Bitwise and VettaFi showing that 56% of financial advisors are more likely to invest in cryptocurrencies this year, and 99% of advisors who have already invested in crypto plan to maintain or increase their investments. The 2024 US election results shifted market sentiment, with soaring cryptocurrency prices and improved regulatory transparency sparking greater interest among clients and advisors. In 2024, a record-high 96% of advisors answered client inquiries about cryptocurrencies. Institutional investors and Registered Investment Advisors are most likely to allocate to cryptocurrencies, and advisors are increasingly seeing their clients take independent positions in crypto. Advisors who have not yet allocated to crypto are increasingly inclined to do so, with 19% planning to invest in 2025.
Ace Hot Topic Analysis
Analysis
The crypto investing boom continues, with a new report from Bitwise and VettaFi showing that more financial advisors are planning to maintain or increase their cryptocurrency investments through 2025. The report surveyed 430 financial advisors and found that 56% are more likely to invest in crypto this year, while 99% of those who already have crypto investments plan to maintain or increase their holdings. The surge in crypto prices in 2024 and increased regulatory clarity have fueled greater interest from clients and advisors, with 96% of advisors fielding client inquiries about crypto, up from 88% in 2023. Additionally, the percentage of advisors allocating crypto to client portfolios has doubled year-over-year, rising to 22% in 2024 from 11% in 2023. Institutional investors, Registered Investment Advisors, and large broker-dealers represent the highest proportion of allocators. The report also shows that more clients are investing in crypto independently of their advisors, with 71% of clients investing in crypto 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 56% of advisors more likely to invest in crypto this year.
The outcome of the 2024 US election has shifted market sentiment, driving growth in cryptocurrency investment.
More and more clients are inquiring about crypto, with 96% of financial advisors answering client questions about cryptocurrency in 2024.
Most financial advisors who have already invested in crypto plan to maintain or increase their investments, with 99% of advisors planning to maintain or increase their investments in 2025.