Bitwise report: 99% of financial advisors who have invested in cryptocurrency plan to maintain or increase their investment by 2025

Bitwise and VettaFi stated in a recent report that 56% of financial advisors are more likely to invest in cryptocurrency this year, and the results of the US election in 2024 will affect people's sentiments.

The report surveyed qualified responses from 430 financial advisors. Advisors' clients are also increasingly taking independent positions in cryptocurrencies, with 71% of clients investing independently of their advisors by 2024, up from 59% in 2023.

The report painted a picture of the industry's growth momentum. Advisors who have not yet allocated cryptocurrencies are increasingly inclined to do so, with 19% planning to invest by 2025, up from last year's 8%. Meanwhile,99% of advisors who have already invested in cryptocurrencies plan to maintain or increase their investments.