#99% of advisors are adding crypto to their investment portfolios.#
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 investments by 2025. The report surveyed 430 financial advisors and indicated that the surge in cryptocurrency prices and increased regulatory clarity in 2024 have driven greater interest from both clients and advisors. In 2024, a record-high 96% of advisors responded to client inquiries about cryptocurrency, up from 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 have not yet allocated cryptocurrency are increasingly likely to do so, with 19% planning to invest in 2025, up from 8% last year.
Ace Hot Topic Analysis
Analysis
A new report from Bitwise and VettaFi shows that cryptocurrency investing continues to heat up among financial advisors. The report surveyed 430 financial advisors and found that 56% are more likely to invest in crypto this year, while 99% of those already invested in crypto plan to maintain or increase their investments. This trend is being driven by surging crypto prices in 2024 and increased regulatory transparency, leading to a significant rise in both client and advisor interest in crypto. In 2024, 96% of advisors responded to client inquiries about cryptocurrency, a record high compared to 88% in 2023. Additionally, the percentage of advisors allocating crypto to client portfolios has doubled year-over-year, rising from 11% in 2023 to 22% in 2024. Institutional investors, registered investment advisors, and large securities firms are the groups with the highest percentages of crypto allocation. The report also highlights that more clients are investing in crypto independently of their advisors, with 71% of clients investing in crypto independently in 2024, up from 59% in 2023. Advisors who have not yet allocated crypto are also increasingly likely to do so, with 19% planning to invest in 2025, up from 8% last year.
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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 cryptocurrency this year.
The surge in cryptocurrency prices and increased regulatory clarity in 2024 has sparked greater interest from both clients and advisors, with 96% of advisors fielding inquiries about cryptocurrency from their clients.
More and more advisors are incorporating cryptocurrency into their clients' investment portfolios, with allocations rising from 11% in 2023 to 22% in 2024.
99% of advisors who have already invested in cryptocurrency plan to maintain or increase their investment, demonstrating their confidence in the cryptocurrency market.