A recent survey conducted by Bitwise Asset Management and VettaFi has revealed that a slim majority of financial advisors are now more inclined to invest in cryptocurrency following Donald Trump’s election victory.
Advisors still favor crypto equity exchange-traded funds (ETFs) in 2025.
In detail, 56% of the advisors surveyed said that the election outcomes have made them more likely to consider cryptocurrency investments this year.
The result could be driven by the President-elect’s pro-crypto stance. Trump previously promised to create a crypto-friendly environment for industry businesses, establish a national Bitcoin stockpile, and many more if elected, which is part of his plan to make the US the leader in the field.
The Trump Pump
Bitwise’s survey also shows that advisors have increasingly incorporated crypto assets into their investment strategies. The percentage of advisors allocating cryptocurrency to client accounts surged to 22% in 2024, doubling the previous year’s figure.
Client interest is also stronger than ever. 96% of advisors said that they got inquiries about crypto from clients last year. The report also notes that a staggering 99% of advisors, who have already integrated crypto assets into client portfolios, tend to stay invested or invest more this year.
Among advisors who have not yet allocated crypto for their clients, 19% expressed that they are “definitely” or “probably” planning to do so in 2025. Compared to the previous year, only 8% of advisors were willing to introduce crypto exposure to their clients.
Crypto Equity ETFs Remain Top Choice
The report also sheds light on crypto ETF trends and adoption. When asked about their preferred method for allocating crypto exposure in 2025, financial advisors overwhelmingly selected crypto equity ETFs as their top choice.
In 2024, the cryptocurrency sector witnessed two landmark events: the debut of US-listed spot Bitcoin ETFs in January and spot Ether ETFs in late July. These Bitcoin funds have since notched massive capital, with assets under management keeping growing.
BlackRock’s iShares Bitcoin Trust, also known as IBIT, was named one of the most successful ETF last year. The fund has grown to even outperform its gold counterpart. As of January 9, IBIT’s Bitcoin holdings reached $52.5 billion.
As noted in Bitwise’s survey, when choosing Bitcoin ETFs, advisors prioritize expertise. Other critical factors are the brand of the issuer and the issuer report.
However, advisors pointed out that access was still an ongoing challenge to ETF adoption. Only 35% of advisors reported having the ability to purchase crypto for client accounts.
In comparison, while regulatory uncertainty still plays a major role in advisors’ adoption, there are declining concerns among them. The improvement could be based on widespread optimism regarding regulatory clarity in the cryptocurrency space.
Buying On The Open Market
According to the survey, many clients are investing in crypto outside of the advisory relationship. 71% of advisors said “some” or “all” of their clients are independently investing in cryptocurrency.
All eyes are set on Trump’s inauguration scheduled for January 20. The transition to the new leadership is highly anticipated to open the door for the US to transform into the leading country in the blockchain and digital asset domains.
Bitcoin saw a major surge post-election, with prices crossing the $100,000 level for the first time last month. However, the cryptocurrency’s rally has stalled recently as prices dipped below $93,000 amid speculations about a $6.5 billion Bitcoin liquidation by the US government.
On Wednesday, DB News reported that the Department of Justice was granted the right to sell all Bitcoin seized from the notorious Silk Road marketplace. The DOJ has yet to issue an official statement regarding the issue.
Yet, industry experts still see room for Bitcoin to grow in the long run under the incoming Trump administration. The chance that Trump will soon create a Bitcoin reverse has encouraged multiple companies in the US to adopt the asset as part of their reserve strategy so as not to be left behind.
