A recent report by Bitwise and VettaFi shows that 56% of financial advisors are more likely to invest in crypto in 2024, driven by the US election results and increasing interest from clients. Advisors are increasingly allocating crypto in client portfolios, with institutional investors and RIAs leading the trend. Political support for crypto, particularly from President-elect Donald Trump, is boosting optimism. Despite regulatory and volatility concerns, advisors are becoming more confident in valuing and holding crypto assets. Advisors are exploring different investment strategies, with a majority predicting Bitcoin’s price to rise and its long-term potential as a mainstream asset.

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