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HomeCrypto NewsMarketBitcoin Goes Mainstream as 56% of Financial Advisers Show Interest in Crypto

Bitcoin Goes Mainstream as 56% of Financial Advisers Show Interest in Crypto

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Bitcoin and crypto have become incessantly appealing to financial advisers, with a recent survey showing more than half of them are willing to gain exposure.

Asset manager Bitwise recently published the bullish statistics collated in collaboration with the data-driven ETF platform VettaFi.

The annual report, “Bitwise/VettaFi 2025 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets,” highlighted the disposition of about 430 financial advisers toward cryptocurrency.

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Advisors Willing to Meddle with Bitcoin

Out of the 430 survey advisers, over 240 have expressed willingness to invest in cryptocurrencies in 2025. The survey, conducted between November 14 and December 20, 2024, shows that the increase in susceptibility followed Donald Trump’s election win.

For context, the 47th US President flirted with the crypto industry pre-elections, lauding Bitcoin as the currency of the future. Trump promised to create a conducive environment for digital assets upon reelection, sparking interest among US investors.

The president’s friendly stance has provoked the interest of financial advisors, with 56% of them aligned toward buying Bitcoin and crypto this year. Meanwhile, the increased susceptibility also emerges from growing demands among clients.

Advisers disclosed that 96% of their clients have asked about cryptocurrencies, a new all-time interest high. Interestingly, this growing interest trounces expectations, considering the sentiments around the digital asset sector a few years back.

Financial Advisors Investing Like Never Before

Furthermore, the survey discloses that 99% of councilors already invested in Bitcoin intend to maintain or extend their allocation to the sector this year. Notably, they increased their clients’ crypto exposure from 11% in 2023 to a record 22% last year.

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Meanwhile, an impediment to the large-scale adoption exists. The survey shows that 35% of financial advisers are still unable to procure Bitcoin for client accounts.

Another 50% stated that regulatory constrictions have impeded their exposure. However, this is down from the 65% earlier reported, signaling considerable progress.

Bitcoin Nears Mainstream Era

The crypto asset’s recent surge into the limelight has not only attracted financial advisers. Notably, corporate firms and nations have also turned to it. Analysts expect this traction to reach unprecedented levels if Donald Trump approves the US Bitcoin strategic reserve as industry leaders anticipate.

Market speculators have insisted that Bitcoin will surge to new highs upon the reserve creation, with targets like $175,000, $200,000, and an ambitious $500,000. In the meantime, the pioneering cryptocurrency exchange hands at $94,818, recovering from a steep downside below $92,000 on Thursday.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Elendu Benedict
Elendu Benedict
Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

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