Bitwise survey: 99% of Crypto Assets advisors already invested will hold or add by 2025

The latest survey report from asset management companies Bitwise and VettaFi shows that by 2024, 22% of advisors will allocate to Cryptocurrency, double that of 2023. 99% of financial advisors who have already invested in Cryptocurrency plan to maintain or increase their investments in 2025. (Background: The Central Bank of the Czech Republic considers including BTC in forex reserves; Bitwise CEO: The dominoes have fallen) (Additional context: Bitwise warns that BTC may face a 'painful drop' in the coming weeks, but it is also a good opportunity to catch the bottom) Despite the recent downturn in the Cryptocurrency market due to expectations of a Fed rate cut, a joint report released last week by asset management companies Bitwise and VettaFi reveals that 56% of financial advisors say the 2024 U.S. election results make them more inclined to invest in Cryptocurrency. Furthermore, over 96% of advisors received more client inquiries about Cryptocurrency in 2024 compared to 2023. Survey data shows that by 2024, 22% of advisors will allocate to Cryptocurrency, double the 11% in 2023. Institutional investors (30%) and Registered Investment Advisors (RIAs, 28%) are the most active investor groups. Among advisors who allocate Cryptocurrency in client accounts, 99% plan to maintain or increase these investments in 2025. Independent client investments are increasing. The report points out that more and more advisor clients are investing in Cryptocurrency without relying on professional advice. In 2024, 71% of advisor clients chose to invest independently, a significant increase from 59% in 2023. For financial advisors who have not yet allocated to Cryptocurrency, 19% plan to invest in 2025, far higher than the 8% last year. Bitwise CIO Matt Hougan states: 2024 is a significant turning point for Cryptocurrency, with a fundamental change in the investment attitude of financial advisors. Although two-thirds of advisors are currently unable to allocate encryption assets for clients, as mainstream adoption accelerates, we expect bigger breakthroughs in 2025. Relaxation of political oversight boosts the market. The 2024 U.S. election has a profound impact on the Cryptocurrency industry. President-elect Trump has repeatedly proposed establishing a national BTC reserve, and candidates who support Cryptocurrency have gained crucial seats in Congress. The industry is optimistic that the political environment is shifting towards favoring Cryptocurrency development. Additionally, 45% of advisors believe that Senator Cynthia Lummis's proposal to 'purchase 1 million BTC within five years' may materialize. Changes in investment strategies and tools. The report also reflects a shift in financial advisors' preferences for Cryptocurrency investment vehicles. Cryptocurrency stock ETFs (25%) remain the most popular choice, while demand for spot Cryptocurrency ETFs (22%) and diversified index funds (19%) is rising rapidly. Moreover, thematic strategies (26%) and hedging strategies (24%) are increasingly favored by advisors, helping to reduce volatility and provide differentiated returns. Regarding BTC price expectations, 67% of respondents believe that BTC prices will rise in the next year; 40% predict that by 2030, BTC prices will reach between $250,000 and $1 million, with 10% believing it may surpass the million-dollar mark. Challenges persist but are gradually diminishing. Despite the long-term market optimism, 47% of respondents are still concerned about Cryptocurrency price volatility, and 50% cite regulatory uncertainty as a major obstacle. However, compared to previous years' surveys, these percentages have significantly decreased. At the same time, confidence among advisors in Cryptocurrency valuation and asset custody has significantly increased. In 2024, only 31% of advisors expressed concerns about the valuation of encryption assets, lower than 42% in 2023. Related reports: The Central Bank of the Czech Republic considers including BTC in forex reserves; Bitwise CEO: The dominoes have fallen. Bitwise warns that BTC may face a 'painful drop' in the coming weeks, but it is also a good opportunity to catch the bottom. Bitwise's top 10 predictions for 2025: BTC, ETH, SOL set new highs, countries holding BTC double, 5 encryption unicorns IPO. This article was first published on BlockTempo, the most influential Blockchain news media.