Grafa
Advisors managing $175T look beyond Bitcoin
Image for illustrative purposes only. Not a real photo.

Advisors managing $175T look beyond Bitcoin

Share

Financial advisors overseeing more than $175 trillion in assets are showing growing interest in crypto sectors beyond Bitcoin, according to Bitwise Chief Investment Officer Matt Hougan.

Hougan said discussions with more than 40 advisory teams revealed that institutional investors are increasingly focused on stablecoins, tokenisation, perpetual futures and other blockchain applications despite the recent downturn in digital asset markets.

“It might also be the thing that leads us into the next bull market,”

Hougan said, referring to the growing interest in tokenisation and stablecoin-related infrastructure.

According to Hougan, previous crypto recoveries were driven by a combination of technological innovation and new investor participation, including Ethereum following the 2014 bear market, decentralised finance after the 2018 downturn and spot Bitcoin ETFs after the collapse of FTX in 2022.

He argued that the next recovery cycle could similarly depend on expanding blockchain use cases and greater participation from financial advisors, pension funds and other institutional investors that have historically faced barriers to entering the crypto market.

The Bitwise executive said stablecoins and tokenisation have become major themes across traditional finance, with public comments from regulators and executives at firms such as BlackRock and Goldman Sachs highlighting growing interest in the technology.

Assets and networks attracting attention include Ethereum, Solana, Chainlink, Avalanche and Canton, while companies tied to tokenisation and stablecoin infrastructure such as Circle and Coinbase are also drawing increased interest.

Hougan said the conversations demonstrated that financial advisors now possess a much deeper understanding of digital assets than in previous market cycles, suggesting that future capital inflows may be directed toward blockchain infrastructure and real-world asset tokenisation rather than Bitcoin alone.

At the time of reporting, Bitcoin price was $65,704.01.

Perguntas frequentes

A Grafa não é um consultor financeiro. Você deve buscar aconselhamento independente, jurídico, financeiro, tributário ou de outra natureza que se relacione às suas circunstâncias únicas.

A Grafa não se responsabiliza por qualquer perda causada, seja por negligência ou de outra forma, decorrente do uso ou da confiança nas informações fornecidas direta ou indiretamente pelo uso desta plataforma.