Depth Analysis of the Crypto Market: The Bitwise/VettaFi 2024 Report and Its Implications

Depth Analysis of the Crypto Market: The Bitwise/VettaFi 2024 Report and Its Implications

Some 88% of financial advisors report growing client interest in cryptocurrencies, driving 59% independent adoption.
Notable preference for Bitcoin over Ethereum among advisors, with 71% favoring BTC, reflecting confidence and stability.
A recent survey has shed light on key aspects of this sector. We are referring to the “Bitwise/VettaFi 2024 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets.” This annual report, celebrating its sixth edition, delves into a variety of essential topics, from advisors’ cryptocurrency allocations to Bitcoin price predictions. What are the key findings of this study and why are they so relevant in the current crypto landscape?
Bitcoin ETF Expectation vs. Market Reality
One of the most striking findings of the survey, which involved 437 financial advisors managing assets from $1 million to over $100 billion, is the perception on the potential approval of a spot Bitcoin ETF.
Defying optimistic projections from Bloomberg ETF analyst

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