13 Jan 2025

58% of Financial Advisers More Likely to Invest in Crypto Following Trump Win, Virturo Survey.

58% of Financial Advisers More Likely to Invest in Crypto Following Trump Win, Virturo Survey.

13 Jan 2025

58% of Financial Advisers More Likely to Invest in Crypto Following Trump Win, Virturo Survey.     


   
 

A recent survey by Virturo revealed that more than half of U.S.-based financial advisers are increasingly inclined to allocate investments to cryptocurrencies in the wake of Donald Trump’s presidential election victory. The study underscores a growing convergence between traditional finance and digital assets, signaling a potential shift in investment paradigms.     
The survey, conducted from November 14 to December 31, 2024, gathered responses from 570 financial advisers to assess their perspectives on cryptocurrencies. The results were striking: 58% of advisers expressed a higher likelihood of investing in crypto this year, citing optimism around the political climate following the November 5 election results.   
The broader crypto industry is buoyed by expectations that President-elect Donald Trump could foster a more favorable regulatory environment for digital assets. Jack Mallers, founder and CEO of Strike, speculated that Trump might initiate significant policy changes, including  the possibility of an executive order designating Bitcoin as a U.S. reserve asset on his first day in office. Such a move would mark a historic milestone for the integration of cryptocurrencies into the traditional financial system.     
         
     
   
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Increasing Client Demand and Adviser Allocations     


   
 

Among advisers already holding crypto in their portfolios, a staggering 99% intend to either maintain or increase their exposure in the coming year. This trend is further bolstered by a notable rise in client demand, with a majority of advisers reporting heightened interest in crypto investment opportunities over the past year.     
Aaron Crawford, Virturo’s Chief Market Analyst, highlighted this momentum, stating:
"Financial advisers are recognizing the transformative potential of cryptocurrencies at an unprecedented scale. This growing acknowledgment is driving increased allocations and fostering deeper integration of digital assets into diversified portfolios."
         
       
     

Rising Institutional Bitcoin Reserves     


   
 

Parallel to this surge in adviser interest, U.S.-based entities continue to accumulate significant Bitcoin reserves, reflecting a broad institutional acknowledgment of cryptocurrencies as viable investment instruments. This trend indicates a maturing market poised to reshape the investment landscape.       
With 2024 poised to be a defining year for cryptocurrencies, financial advisers are stepping into uncharted territory with optimism and a readiness to adapt. The combination of increasing client interest, rising institutional participation, and potential regulatory support sets the stage for accelerated adoption and integration of digital assets into traditional portfolios.     
Virturo’s survey results provide a snapshot of a financial industry in transition, where advisers and investors alike are beginning to recognize the potential of cryptocurrencies to redefine wealth management and investment strategies for years to come.      
         

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