Bitwise Asset Management and VettiFi’s annual “Benchmark Survey of Financial Advisor Attitudes Towards Crypto Assets” showcased increased interest and the adoption of cryptocurrencies among financial advisors.
The survey followed a year marked by the approval of spot Bitcoin and Ethereum ETFs. Results showed that 56% of advisors are more likely to invest in crypto in 2025 due to the 2024 U.S. elections. Crypto allocation rates reached 22%, doubling from 2023 and marking the highest rate recorded in the survey’s history.
Client interest also remained high, with 96% of advisors reporting inquiries about crypto. Among advisors already allocating to crypto, 99% plan to maintain or increase exposure in 2025. Advisors who have not yet been assigned are showing more interest, with 19% considering investments, compared to 8% last year.
“But perhaps most staggering is how much room we still have to run, with two-thirds of all financial advisors -who advise millions of Americans and manage trillions in assets – still unable to access crypto for clients,” said Matt Hougan, Bitcoin CIO.
Despite these trends, access remains a barrier, with only 35% of advisors able to buy crypto in clients’ accounts. Additionally, 71% of advisors reported clients investing independently, presenting potential opportunities for wealth management services.
Survey respondents included over 400 financial professionals, spanning RIAs, broker-dealers, and wirehouses.
“Based on the latest data, the future is very bright as advisors and investors gain more access and education about the potential benefits,” said Todd Rosenbluth, Head of Research for TMX VettaFi
