Jan 10, 2025

56% of Financial Advisers More Likely to Invest in Crypto After Election

Recent data indicates a shift in sentiment among financial advisers towards cryptocurrency investments following the November elections. Key findings include:

56% of 430 surveyed advisers are more inclined to allocate funds to crypto.
35% report being able to buy crypto for client accounts, while 71% acknowledge clients investing independently.
22% plan to allocate for clients in 2024, up from 11% in 2023.
19% of advisers who haven't invested yet intend to add crypto exposure this year, compared to 8% last year.
US spot bitcoin ETFs attracted $36 billion in net inflows in their first year; however, there is increasing interest in ETH products.
Regulatory uncertainty remains a concern for half of the advisers surveyed, although this is an improvement from previous years.

The survey highlights both growing interest and ongoing caution within the advisory community regarding cryptocurrency investments.