More than half of financial advisers are trying to flock towards cryptocurrency.
According to a recent report by Bitwise, following Trump’s victory in the November presidential election, over half of wealth advisors in the US surveyed by Bitwise said they are more willing to invest in cryptocurrencies.
The study, launched the week following the 2024 U.S. election offers a useful glimpse into advisers’ growing interest in cryptocurrency.
It comes after a historic year in which the first spot Ethereum and spot Bitcoin ETFs were approved in the United States.
Bitwise Survey: What Does it Say?
Bitwise’s survey highlights that in the US elections of 2024, cryptocurrency came out as one of the major win topics. As an aftermath of this, 56% of US-based financial advisors stated that the election outcomes increased their likelihood of investing in cryptocurrency in 2025.
In the past year, twenty-two percent (22%) of advisers reported allocating to cryptocurrency in client accounts, doubling year-over-year to a record high. For the survey, that is an all-time high and double the percentage from 2023 (11%).
Additionally, the survey shows that there is more client curiosity than ever before. Last year, 96% of advisors got an inquiry from a client regarding cryptocurrency. In 2025, 99% of advisers who presently have cryptocurrency allocated to client accounts want to either keep or grow that exposure.
Also Read: Crypto Sentiment Plummets to 18-Month Low As Bitcoin Struggles Below $92K
Crypto Sector’s Expectations From Trump Presidency
The overall crypto sector has seen a rise in optimism after the victory of Donald Trump. Given that the incoming US president has great vision for the industry, investors have had high hopes and demands from the president-elect.
At present, the crypto sector is urging President-elect Donald Trump’s administration to fulfill campaign pledges to restructure crypto regulations as he gets ready to take office on January 20.
Industry leaders are calling for swift presidential directives to advance digital assets into the mainstream, according to a recent Reuters report.
The suggested actions include setting up a specialized crypto council, guaranteeing banking access for cryptocurrency companies, and building a national bitcoin stockpile.
US Organizations Set New Records in Bitcoin Holdings
The effect of the US’s optimism over the growth of crypto is also reflected in the amount of Bitcoin held by the entities in the nation.
CryptoQuant data shows that US-based entities’ Bitcoin balances have risen to previously unheard-of heights, far exceeding those of offshore entities. The current Bitcoin reserve share of U.S. entities is 65% higher than that of non-U.S. organizations.
This represents a record high for the US portion of Bitcoin reserves, highlighting the increasing power of American institutions in the cryptocurrency space.