Financial Advisors Show Increased Interest in Crypto Investments Following U.S. Election
Survey Reveals Growing Crypto Enthusiasm
The recently released Bitwise/VettaFi 2025 Benchmark Survey highlights a significant shift in financial advisors' attitudes towards cryptocurrency investments. Conducted shortly after the 2024 U.S. election, the survey reveals that 56% of advisors are more inclined to invest in crypto in 2025 due to the election outcomes, according to Bitwise Investments. This marks a pivotal moment for the crypto market, which has seen the approval of the first spot Bitcoin (BTC) and Ethereum (ETH) ETFs in the U.S.Key Findings from the Survey
The survey, which collected responses from November 14 to December 20, 2024, presents several noteworthy findings:- Crypto allocations have doubled year-over-year, with 22% of advisors reporting allocations in client accounts, up from 11% in 2023.
- Client interest in crypto remains robust, with 96% of advisors receiving inquiries about crypto investments.
- Among advisors currently allocating to crypto, 99% plan to maintain or increase their exposure in 2025.
- 19% of advisors who have not yet allocated for clients are considering doing so in 2025, more than doubling the previous year's figure of 8%.
- When selecting Bitcoin ETFs, advisors prioritize expense ratio (58%) over brand of issuer (46%) and issuer support (43%).
- Despite the availability of spot Bitcoin and Ethereum ETFs, only 35% of advisors can currently buy crypto for client accounts.
- 71% of advisors report that clients are independently investing in crypto, presenting an opportunity for advisors to integrate these assets into broader wealth plans.
- Crypto equity ETFs remain the preferred choice for advisors looking to allocate crypto exposure in 2025.
- Regulatory uncertainty, though significant, has decreased, with only 50% citing it as a major obstacle compared to 60-65% in previous surveys.
Industry Experts Weigh In
Bitwise CIO Matt Hougan commented on the survey, stating, "If you had any doubt that 2024 was a massive inflection point for crypto, this year’s Bitwise/VettaFi survey dispels it." He emphasized the growing recognition of crypto's potential among advisors and the opportunity that remains as two-thirds of financial advisors still lack access to crypto for clients. Todd Rosenbluth, Head of Research for TMX VettaFi, expressed optimism about the future, noting that "the future is very bright as advisors and investors gain more access and education about the potential benefits."Survey Demographics and Methodology
The survey gathered responses from over 400 financial advisors, including independent registered investment advisors, broker-dealer representatives, financial planners, and wirehouse representatives across the U.S. These insights provide a comprehensive view of current attitudes and future trends in crypto investments. For further details, the complete survey results are accessible through Bitwise Investments. [source text](https://bitwiseinvestments.com/crypto-market-insights/the-bitwise-vettafi-2025-benchmark-survey)Read More
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