#Crypto consultants are bullish on the crypto market.#

Crypto advisors are becoming more bullish on the cryptocurrency market. A new report from Bitwise and VettaFi shows that 56% of financial advisors are more likely to invest in cryptocurrencies this year, while 99% of advisors who already invest in cryptocurrencies plan to maintain or increase their investment. The outcome of the 2024 US Presidential election shifted market sentiment, with surging cryptocurrency prices and increased regulatory clarity driving greater interest from both clients and advisors. In 2024, 96% of advisors answered client inquiries about cryptocurrencies, a record high, up from 88% in 2023. An increasing number of advisors are starting to incorporate cryptocurrencies into client portfolios, rising from 11% in 2023 to 22% in 2024. Institutional investors, registered investment advisors, and large brokerage firms are among the groups with the highest allocation to cryptocurrencies. The report also points to a growing number of clients who are investing in cryptocurrencies independently without an advisor, indicating an increased market acceptance of the asset class. Advisors who have not yet allocated to cryptocurrencies are also increasingly likely to do so, with 19% planning to invest in 2025, up from 8% last year. These figures suggest that the crypto market is gaining increasing recognition and will see more capital flowing into the space in the future.