2,000+ banking advisors fill out Bitcoin briefing, driving mass adoption

Explosive institutional appetite for Bitcoin is fueling a new wave of market momentum, as major banks, consulting giants, and survey data point to demand for the cryptocurrency accelerating toward mass adoption.

Over 2,000 advisors are exploring Bitcoin strategies as traditional finance rapidly enters the crypto industry.

Bitwise Asset Management CEO Hunter Horsley shared on social media platform X on November 24 that Matt Hougan, Bitwise's chief investment officer, briefed over 2,000 advisors at a major U.S. bank, highlighting the growing demand for Bitcoin insights as traditional investors gain greater access to crypto markets.

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Bitwise CEO stated:

This morning, Matt Hougan held a call with over 2,000 advisors from a very large American bank. They wanted to learn more about Bitcoin. Traditional investors are finally gaining access to this space. It's becoming mainstream.

Hougan continued to talk about the dynamics, stating on X: “And when I finished, I joined a call with a $50 billion-plus advisory firm. Institutions are cautiously optimistic and confidence is building.”

Their updates align with broader industry signals. Bloomberg ETF analyst Eric Balchunas recently cited new data from a Schwab survey showing that cryptocurrency ranked second, alongside bonds, among asset classes that investors plan to allocate funds to through ETFs. This is a striking result, given that cryptocurrency accounts for approximately 1% of total ETF assets, compared to 17% for bonds. Balchunas noted that the survey reflects an unusually optimistic mood, with the majority of respondents signaling plans to increase their use of ETFs across various investment pools.

Read more: Google gives Bitcoin support

Additionally, Treasury Secretary Scott Bessent recently added a robustness perspective, emphasizing Bitcoin's reliability, noting that the network has never shut down in the 17 years since the white paper was created, using this as an example of systemic resilience.

Advisory firms and institutions appear to be reconsidering digital assets in light of these converging indicators, analyzing Bitcoin and Ethereum from the perspective of liquidity, diversification, and macroeconomics. While some volatility remains a concern for investors, crypto activists argue that stronger market infrastructure, expanded education, and growing institutional participation support the long-term outlook. They argue that consistent data—from ETF surveys to inquiries from major firms and government commentary—suggests that mainstream cryptocurrency adoption is accelerating, positioning 2025 as a key year for broader financial adoption.

FAQ ⏰

• Why are consultants at major US banks seeking insight into Bitcoin?
  Growing institutional access and client demand are driving advisors to expand their understanding of cryptocurrency.
• What did Schwab's survey reveal about interest in crypto ETFs?
  It showed that crypto has caught up with bonds as the top asset class that investors expect to allocate funds to through ETFs.
• How are institutions reacting to Bitcoin's long-term security?
  Comments highlighting the Bitcoin network's unbroken 17-year history bolster institutional trust.
• Why is 2025 seen as a key year for cryptocurrency adoption?
  Growing education, stronger infrastructure and broader institutional participation point to accelerating mass integration.

Source: cryptonews.net