Bitwise Survey: Advisers Eye Crypto After Trump Win

A recent Bitwise survey revealed a major change in stance for US investors. US financial investors, who have been mostly cautious about cryptocurrency investments, are reportedly reconsidering investing in the asset following Trump’s return to office.

Donald Trump made crypto and Bitcoin a huge part of his campaign. His victory in November awakened mainstream interest in cryptocurrencies. 

The findings are in.

We surveyed 430 financial advisors across the nation to gauge their views on crypto.

Here’s what they had to say ⬇️

(Spoiler: They’re more bullish than ever)

— Bitwise (@BitwiseInvest) January 9, 2025

The recent Bitwise report revealed that 56% of US investors feel more confident about investing in cryptocurrencies since the November elections.

Why the Increased Interest?

A huge reason for the renewed optimism around crypto investments is anticipation that Trump could introduce more crypto-friendly policies. The crypto industry struggled to thrive under the Biden administration due to enforcement actions by regulators such as the SEC and CFTC. 

Some experts expect Trump to designate Bitcoin as a US reserve asset. These factors have contributed to financial advisors recording notable interest in crypto investments from their clients. 

CRYPTO EMERGED AS A STRONG WINNER IN THE 2024 U.S. ELECTIONS

56% of advisors said they were more likely to invest in crypto this year as a result of the 2024 election.

— Bitwise (@BitwiseInvest) January 9, 2025

Matt Hougan, Bitwise’s chief investment officer, said advisers are finally seeing crypto’s potential and investing more than ever. Interestingly, 71% of advisers also said their clients are buying crypto on their own. Bitwise sees this as a chance for advisers to help clients include crypto in their financial plans. 

CLIENT INTEREST IS STRONGER THAN EVER

96% of advisors received a question about crypto from clients last year.

— Bitwise (@BitwiseInvest) January 9, 2025

While more advisers are open to crypto, many still face challenges. Only 35% said they could buy crypto directly for their clients. Bitwise believed this could be a major roadblock to wider adoption.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.