LATEST: 60% of 400 wealth managers polled by Bitwise's Ryan Rasmussen say they plan to include crypto allocations within a year.

What happened

A survey of 400 wealth managers, conducted by Bitwise's Ryan Rasmussen, found that 60% of them plan to add cryptocurrency to their client portfolios within the next year.

Confirmed

Global impact / market context

If true, this means more everyday investors could gain access to crypto through professional advisors. That increased demand from wealth managers could push cryptocurrency prices higher and make digital assets a more normal part of investing.

Analyst inference

Wealth managers control large sums of client money, so their buying decisions can move markets. A shift by 60% toward crypto would represent a major change in how traditional financial firms view digital assets, potentially attracting more mainstream attention and investment.

Analyst inference

What to watch

1. Watch for official reports or statements from Bitwise or Ryan Rasmussen that confirm the survey's methodology and provide more details about which wealth managers were included in the poll. Confirmed
2. Investors should track whether these wealth managers follow through on their stated plans by monitoring for increased crypto purchases or new investment products offered to clients over the coming months. Proposed
3. Observe if this survey result influences other financial advisors to announce similar crypto plans, which could signal a broader industry trend toward accepting digital assets in standard portfolios. Analyst inference

Evidence

• x.com