#99% of financial advisors are adding crypto to their investments.#
Hot Topic Overview
Overview
A recent report by Bitwise and VettaFi reveals that 99% of financial advisors who have already invested in cryptocurrencies plan to maintain or increase their investment by 2025. The report surveyed 430 financial advisors and found that the surge in cryptocurrency prices in 2024 and increased regulatory transparency have sparked greater interest among both clients and advisors. In 2024, 96% of advisors responded to client inquiries about cryptocurrencies, a record high. Additionally, the percentage of advisors allocating cryptocurrencies in their clients' portfolios doubled year-over-year, rising from 11% in 2023 to 22% in 2024. The report also shows that advisors who have not 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 recent report from Bitwise and VettaFi shows that 99% of financial advisors who already invest in cryptocurrency plan to maintain or increase their investment in 2025. The report surveyed 430 financial advisors and found that surging cryptocurrency prices in 2024, alongside increasing regulatory clarity, have led to greater interest from both clients and advisors. In 2024, 96% of advisors fielded client inquiries about cryptocurrency, a record high, up from 88% in 2023. Moreover, the proportion of advisors allocating cryptocurrency in 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 cryptocurrency. The report also revealed that advisors' clients are increasingly taking independent positions in cryptocurrency, with 71% of clients investing in cryptocurrency independently of their advisors in 2024. Advisors who haven't yet allocated cryptocurrency 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
More and more financial advisors are starting to invest in cryptocurrency and plan to continue investing or increase their investment proportion in the future.
The rise in cryptocurrency prices and increased regulatory transparency in 2024 prompted more clients to consult financial advisors about cryptocurrency investments.
More and more clients are starting to invest in cryptocurrency independently and no longer rely entirely on financial advisors' recommendations.
Institutional investors and Registered Investment Advisors (RIAs) are the groups with the highest allocation of cryptocurrency.