Trump’s victory prompts more financial advisors to consider cryptocurrency investments: survey

A recent Bitwise survey has revealed a surge in interest in cryptocurrencies among US-based financial consultants following Donald Trump’s return to the White House.

The findings indicate that 56% of respondents are now more inclined to invest in cryptocurrencies due to the results of the 2024 US elections.

Increase in cryptocurrency allocation and interest

He studyConducted between November 14 and December 20 of last year, it asked 430 financial advisors about their opinion on cryptocurrencies. On January 9 mail on X, Bitwise emphasized that the result was “more optimistic than ever.”

“If you had any doubt that 2024 was a big turning point for cryptocurrencies, this year’s Bitwise/VettaFi survey dispels it,” said Matt Hougan, the firm’s chief investment officer. He added that professionals are increasingly recognizing the potential of cryptocurrencies, leading to unprecedented allocation levels.

Digital asset distributions have also duplicate year after year, reaching an all-time high. According to the survey, 22% of consultants reported having allocated cryptocurrency to client accounts in 2024, a significant increase from 11% in 2023.

Client interest in this asset class is also at an all-time high, with 96% of wealth managers receiving client inquiries about it last year. Furthermore, there was a tendency to retain such investments, and 99% of those who currently have allocations in client accounts plan to maintain or increase the amount in 2025.

The report also revealed that financial consultants are more inclined to make initial purchases for their clients. Of those who have not yet entered the sector, 19% “definitely” or “probably” plan to do so in 2025 compared to 8% reported the previous year.

Many consumers are also making cryptocurrency investments independently. 71% of advisors reported that “some” or “all” of their clients are adding them to their portfolios without their input.

Meanwhile, when asked about their preferred way of investing for 2025, experts overwhelmingly leaned toward cryptocurrency ETFs.

Entry barriers persist

Despite this growing interest, entry into cryptocurrencies remains a challenge. Only 35% of respondents reported being able to purchase it on customer accounts, meaning two-thirds still lack access to such options for their users.

Hougan emphasized this gap, noting that portfolio managers are still unable to offer virtual currency products. However, he expressed confidence that this gap would narrow in 2025 as widespread adoption in the sector grows.

On a more positive note, regulatory uncertainty, while still a concern, has decreased. In the survey, 50% cited it as the main obstacle to future growth. This figure represents a notable decrease compared to previous results, which ranged between 60% and 65%.

Bitwise, which proposed a new exchange-traded fund to invest in companies holding more than 1,000 BTC in their corporate treasuries, previously shared an optimistic outlook for 2025, stating that it would usher in the “Golden Age of Cryptocurrencies.”