Bitcoin Goes Mainstream as 56% of Financial Advisers Show Interest in Crypto
Bitcoin and cryptocurrencies have become increasingly attractive to financial advisers, with a recent survey showing that more than half of them are willing to invest in the sector.
Asset manager Bitwise recently published bullish statistics compiled in collaboration with data-driven ETF platform VettaFi. The annual report, titled “Bitwise/VettaFi 2025 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets,” highlighted the sentiments of approximately 430 financial advisers towards cryptocurrency.
Advisers are Willing to Enter the Bitcoin Market
Out of the 430 advisers surveyed, over 240 expressed their willingness to invest in cryptocurrencies in 2025. The survey, conducted between November 14 and December 20, 2024, revealed that the increased interest followed Donald Trump’s election victory.
Before the elections, the 47th President of the United States showed interest in the crypto industry, praising Bitcoin as the currency of the future. Trump promised to create a favorable environment for digital assets if reelected, which sparked interest among US investors.
The president’s positive stance has piqued the interest of financial advisers, with 56% of them planning to invest in Bitcoin and cryptocurrencies this year. Additionally, the increased interest can also be attributed to growing demands from clients.
Advisers revealed that 96% of their clients have inquired about cryptocurrencies, indicating an all-time high in interest. Interestingly, this growing interest surpasses expectations, considering the sentiments surrounding the digital asset sector a few years ago.
Financial Advisers Increasing Their Investments
Furthermore, the survey reveals that 99% of advisers who have already invested in Bitcoin intend to maintain or increase their allocation to the sector this year. Notably, they raised their clients’ exposure to cryptocurrencies from 11% in 2023 to a record 22% last year.
However, there are still obstacles to widespread adoption. The survey shows that 35% of financial advisers are still unable to acquire Bitcoin for their clients’ accounts. Another 50% stated that regulatory constraints have hindered their exposure. However, this percentage has decreased from the previously reported 65%, indicating significant progress.
Bitcoin Approaches the Mainstream Era
The recent surge in popularity of cryptocurrencies has not only attracted financial advisers but also corporate firms and nations. Analysts predict that this momentum will reach unprecedented levels if Donald Trump approves the establishment of a US Bitcoin strategic reserve, as industry leaders anticipate.
Market speculators have insisted that Bitcoin will reach new all-time highs following the creation of the reserve, with price targets set at $175,000, $200,000, and an ambitious $500,000. Currently, the pioneering cryptocurrency is trading at $94,818, recovering from a sharp decline below $92,000 on Thursday.
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