Economics News

Financial advisors are showing increased interest in cryptocurrency investments after the US elections



Lawrence Gengar
10 January 2025 at 08:21

The 2025 Bitwise/VettaFi Benchmark Survey reveals growing enthusiasm among financial advisors for cryptocurrency investments, with a notable increase in allocations and client interest.





Survey reveals growing enthusiasm for cryptocurrencies

The recently released Bitwise/VettaFi 2025 Survey highlights a significant shift in financial advisors’ attitudes toward cryptocurrency investments. The survey, conducted shortly after the 2024 US elections, revealed that 56% of advisors are more inclined to invest in cryptocurrencies in 2025 due to the election results, according to Bitwise Investments. This represents a pivotal moment for the cryptocurrency market, which saw the approval of the first Bitcoin (BTC) and Ethereum (ETH) spot investment funds in the United States.

Key findings from the survey

The survey, which collected responses from November 14 to December 20, 2024, offers several noteworthy findings:

  • Cryptocurrency allocations have doubled year-on-year, with 22% of advisors reporting allocations in client accounts, up from 11% in 2023.
  • Client interest in cryptocurrencies remains strong, with 96% of advisors receiving inquiries about crypto investments.
  • Of the advisors currently dedicated to cryptocurrencies, 99% plan to maintain or increase their exposure in 2025.
  • 19% of advisors who have not yet assigned clients are considering doing so in 2025, more than double the previous year’s figure of 8%.
  • When choosing Bitcoin ETFs, advisors prioritize expense ratio (58%) over issuer brand (46%) and issuer support (43%).
  • Although Bitcoin and Ethereum ETFs are available, only 35% of advisors can currently purchase cryptocurrencies for client accounts.
  • 71% of advisors reported that clients independently invest in cryptocurrencies, providing an opportunity for advisors to integrate these assets into broader wealth plans.
  • Cryptocurrency stock ETFs remain the preferred choice for advisors looking to allocate exposure to cryptocurrencies in 2025.
  • Regulatory uncertainty, although important, has diminished, with only 50% citing it as a major obstacle compared to 60% to 65% in previous surveys.

Industry experts weigh in

“If you had any doubt that 2024 was a massive inflection point for cryptocurrencies, this year’s Bitwise/VettaFi survey dispels that,” Matt Hogan, IT Director at Bitwise, commented on the survey. He emphasized the growing recognition of the potential of cryptocurrencies among advisors and the opportunity that remains as two-thirds of financial advisors still lack access to cryptocurrencies for clients. Todd Rosenbluth, Head of Research at TMX VettaFi, expressed optimism about the future, noting, “The future is very bright as advisors and investors get more access and education about the potential benefits.”

Demographic survey and methodology

The survey collected responses from more than 400 financial advisors, including independent registered investment advisors, broker-dealer representatives, financial planners, and transfer company representatives across the United States. These insights provide a comprehensive view of current situations and future trends in cryptocurrency investments. For more details, full survey results can be accessed through Bitwise Investments. [source text](https://bitwiseinvestments.com/crypto-market-insights/the-bitwise-vettafi-2025-benchmark-survey)Image source: Shutterstock


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