#Nine out of ten consultants are increasing their holdings of cryptocurrencies.#
Hot Topic Overview
Overview
A recent Bitwise and VettaFi report reveals that cryptocurrency adoption among financial advisors is rapidly increasing. After surveying 430 financial advisors, the report found that 96% of advisors answered client questions about crypto in 2024, up from 88% in 2023. Furthermore, the proportion of advisors allocating cryptocurrency in client portfolios rose from 11% in 2023 to 22% in 2024. More importantly, 99% of advisors who have already invested in cryptocurrency plan to maintain or increase their investments in 2025, indicating that crypto is gaining a strong foothold among financial advisors.
Ace Hot Topic Analysis
Analysis
A new report from 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, and the results indicate that surging cryptocurrency prices in 2024 and increased regulatory clarity have generated greater interest from 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 to client portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Institutional investors and Registered Investment Advisors were most likely to allocate cryptocurrencies. Meanwhile, the number of advisors planning to invest in cryptocurrencies in 2025 has risen from 8% last year to 19%. This signifies that cryptocurrencies are gaining traction within the financial markets, and their value is being increasingly recognized by both financial advisors and their clients.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency market growth and increased regulatory transparency in 2024 have sparked greater interest from both clients and advisors.
More and more advisors are starting to allocate to cryptocurrencies and are planning to increase investment in 2025.
Client interest in cryptocurrencies is also rising, with more and more clients investing in cryptocurrencies independently of their advisors.
The outcome of the 2024 US Presidential election shifted market sentiment, having a positive impact on cryptocurrency investment.