The Bitwise ETF Trends 2021 Benchmark Survey of Financial Advisor Attitudes Towards Cryptoassets

Overview: 2020 was a milestone year in crypto. Crypto prices—as measured by the Bitwise 10 Large Cap Crypto Index—soared nearly 300%. Many institutional investors—from hedge fund managers like Paul Tudor Jones1 and Stanley Druckenmiller,2 to the chief investment officers of firms like BlackRock3 and Guggenheim Investments4—either announced allocations to crypto or declared their interest in the space. Against this backdrop, Bitwise, the leading provider of index and beta crypto funds, and ETF Trends, a leading provider of news and analysis in the ETF space, joined forces for the third consecutive year to conduct The Bitwise/ETF Trends 2021 Benchmark Survey of Financial Advisor Attitudes Toward Cryptoassets. The goal was to benchmark how financial advisors—who manage roughly half of all wealth in America—are thinking about crypto after the developments of 2020, including whether and how they are allocating to crypto in client portfolios.