Financial Advisors Wary of Reputational Risk in Digital Assets, But Seek More Education as Their Own Firms Shift Toward Crypto Post-Election, New CoinShares Study Reveals
CoinShares (Nasdaq Stockholm: CS; OTCQX: CNSRF) released a survey revealing financial advisors' concerns about digital assets. The study of 250 advisors shows 62% believe recommending Bitcoin conflicts with fiduciary duties, while over half worry about negative impacts on colleague relationships.
Key findings show that 74% of advisors face pressure between traditional financial goals and cryptocurrency integration, while 79% see their role shifting towards risk management. Following SEC's approval of Bitcoin and Ethereum ETFs, 88% of advisors are more optimistic about digital assets, with 62% citing SEC approval as a top factor in presenting digital assets to clients.
The survey also revealed that 85% of advisors noticed organizational sentiment toward digital assets has changed post-election, with 80% reporting more positive client attitudes. While 43% see biased information from crypto firms as a barrier, over 80% of advisors are willing to pay for education to enhance their digital asset knowledge.
CoinShares (Nasdaq Stoccolma: CS; OTCQX: CNSRF) ha rilasciato un'indagine che rivela le preoccupazioni dei consulenti finanziari riguardo agli asset digitali. Lo studio, condotto su 250 consulenti, mostra che il 62% crede che raccomandare Bitcoin confligga con i doveri fiduciari, mentre oltre la metà è preoccupata per gli impatti negativi sulle relazioni con i colleghi.
I risultati principali mostrano che il 74% dei consulenti si trova sotto pressione tra obiettivi finanziari tradizionali e integrazione delle criptovalute, mentre il 79% vede il proprio ruolo spostarsi verso la gestione del rischio. Dopo l'approvazione da parte della SEC degli ETF su Bitcoin ed Ethereum, l'88% dei consulenti è più ottimista riguardo agli asset digitali, con il 62% che cita l'approvazione della SEC come un fattore fondamentale nel presentare gli asset digitali ai clienti.
L'indagine ha anche rivelato che l'85% dei consulenti ha notato che il sentiment organizzativo verso gli asset digitali è cambiato dopo le elezioni, con l'80% che riporta atteggiamenti più positivi da parte dei clienti. Mentre il 43% vede le informazioni distorte dalle aziende crypto come una barriera, oltre l'80% dei consulenti è disposto a pagare per formazione al fine di migliorare le proprie conoscenze sugli asset digitali.
CoinShares (Nasdaq Estocolmo: CS; OTCQX: CNSRF) lanzó una encuesta que revela las preocupaciones de los asesores financieros sobre los activos digitales. El estudio de 250 asesores muestra que el 62% cree que recomendar Bitcoin entra en conflicto con los deberes fiduciarios, mientras que más de la mitad se preocupa por los impactos negativos en las relaciones con colegas.
Los hallazgos clave muestran que el 74% de los asesores se encuentra bajo presión entre los objetivos financieros tradicionales y la integración de criptomonedas, mientras que el 79% ve su papel cambiando hacia la gestión de riesgos. Tras la aprobación de la SEC de los ETF de Bitcoin y Ethereum, el 88% de los asesores es más optimista sobre los activos digitales, con el 62% que menciona la aprobación de la SEC como un factor principal para presentar activos digitales a los clientes.
La encuesta también reveló que el 85% de los asesores notó que el sentimiento organizacional hacia los activos digitales ha cambiado después de las elecciones, con el 80% informando actitudes más positivas de los clientes. Mientras que el 43% ve la información sesgada de las empresas de criptografía como una barrera, más del 80% de los asesores está dispuesto a pagar por educación para mejorar su conocimiento sobre activos digitales.
코인셰어스 (나스닥 스톡홀름: CS; OTCQX: CNSRF)가 디지털 자산에 대한 재정 상담사의 우려를 드러내는 설문조사를 발표했습니다. 250명의 상담사를 대상으로 한 연구에 따르면, 62%가 비트코인을 추천하는 것이 신탁 의무와 충돌한다고 믿고 있으며, 절반 이상이 동료와의 관계에 대한 부정적인 영향을 걱정하고 있습니다.
주요 발견사항은 74%의 상담사가 전통적인 재정 목표와 암호화폐 통합 사이에서 압박을 받고 있으며, 79%는 자신의 역할이 위험 관리로 전환되고 있다고 보고하고 있습니다. SEC의 비트코인 및 이더리움 ETF 승인 이후, 88%의 상담사가 디지털 자산에 대해 더 낙관적으로 생각하고 있으며, 62%는 SEC 승인을 고객에게 디지털 자산을 제시하는 데 있어 가장 중요한 요소로 언급하고 있습니다.
이 설문조사에서는 또한 85%의 상담사가 선거 이후 조직 내 디지털 자산에 대한 감정이 변화했음을 느꼈고, 80%는 고객의 태도가 더 긍정적으로 변화했다고 보고하고 있습니다. 43%는 암호화폐 회사들이 제공하는 편향된 정보가 장벽이라고 보고 있지만, 80% 이상의 상담사는 디지털 자산에 대한 지식을 향상시키기 위해 교육에 비용을 지출할 의향이 있다고 응답했습니다.
CoinShares (Nasdaq Stockholm: CS; OTCQX: CNSRF) a publié une enquête révélant les préoccupations des conseillers financiers au sujet des actifs numériques. L'étude, menée auprès de 250 conseillers, montre que 62% estiment que recommander Bitcoin entre en conflit avec des devoirs fiduciaires, tandis que plus de la moitié s'inquiète des impacts négatifs sur les relations avec leurs collègues.
Les résultats clés indiquent que 74% des conseillers subissent des pressions entre les objectifs financiers traditionnels et l'intégration des cryptomonnaies, tandis que 79% voient leur rôle évoluer vers la gestion des risques. Suite à l'approbation par la SEC des ETF Bitcoin et Ethereum, 88% des conseillers sont plus optimistes concernant les actifs numériques, 62% citant l'approbation de la SEC comme un facteur principal pour présenter des actifs numériques à leurs clients.
L'enquête a également révélé que 85% des conseillers ont remarqué que le sentiment organisationnel concernant les actifs numériques a changé après les élections, 80% signalant des attitudes clients plus positives. Tandis que 43% voient les informations biaisées des entreprises de crypto comme une barrière, plus de 80% des conseillers sont prêts à payer pour se former et améliorer leurs connaissances sur les actifs numériques.
CoinShares (Nasdaq Stockholm: CS; OTCQX: CNSRF) hat eine Umfrage veröffentlicht, die die Bedenken von Finanzberatern hinsichtlich digitaler Vermögenswerte offenbart. Die Studie von 250 Beratern zeigt, dass 62% glauben, dass die Empfehlung von Bitcoin mit den treuhänderischen Pflichten in Konflikt steht, während über die Hälfte Sorgen über negative Auswirkungen auf die Kollegenbeziehungen hat.
Schlüsselergebnisse zeigen, dass 74% der Berater unter Druck stehen, zwischen traditionellen finanziellen Zielen und der Integration von Kryptowährungen zu wählen, während 79% ihren Einflussbereich zunehmend auf das Risikomanagement verlagern. Nach der Genehmigung der Bitcoin- und Ethereum-ETFs durch die SEC ist 88% der Berater optimistischer hinsichtlich digitaler Vermögenswerte, wobei 62% die Genehmigung der SEC als einen Hauptfaktor für die Vorstellung digitaler Vermögenswerte bei Kunden angeben.
Die Umfrage zeigte auch, dass 85% der Berater bemerkten, dass sich die organisatorische Haltung zu digitalen Vermögenswerten nach den Wahlen geändert hat, wobei 80% positivere Kundenhaltungen melden. Während 43% voreingenommene Informationen von Krypto-Firmen als Barriere sehen, sind über 80% der Berater bereit, für Schulungen zu zahlen, um ihr Wissen über digitale Vermögenswerte zu erweitern.
- 88% of advisors more optimistic after SEC's ETF approvals
- 80% report improved client attitudes toward digital assets
- 85% note positive organizational sentiment shift post-election
- Strong advisor interest in education with 80%+ willing to pay for training
- 62% of advisors believe recommending crypto conflicts with fiduciary duty
- 53% rank volatility as a top concern for digital asset investments
- 43% cite biased information from crypto firms as a barrier to understanding
- 74% report conflicts between traditional goals and crypto integration
Insights
This comprehensive survey reveals a pivotal transformation in the institutional approach to digital assets, with several critical implications for the market:
Institutional Adoption Catalyst: The 88% advisor optimism following SEC ETF approvals signals a potential acceleration in institutional digital asset integration. This shift could significantly impact CoinShares' market position, as the firm's established European presence and educational focus position it favorably to capture growing U.S. market share.
Market Evolution Indicators: The post-election sentiment shift, with
- Increased demand for professional digital asset education and services
- Growing institutional allocation to digital assets
- Enhanced opportunities for established digital asset firms to expand their institutional client base
Strategic Market Opportunity: The survey identifies a important market gap -
Risk Management Evolution: With
Advisors' Reputational Concerns are Most Prevalent at Firms Who Lack Clear Guidance Regarding Digital Assets
SAINT HELIER, Jersey, Feb. 11, 2025 /PRNewswire/ -- CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a global investment firm specializing in digital assets, today released a survey showing that financial advisors weigh their professional reputation among colleagues almost as heavily as their fiduciary duty when determining the suitability of digital assets for their clients.
Sixty two percent of advisors believe recommending a speculative asset like Bitcoin does not align with their legal obligation to act in their client's best interest, and more than half of the 250 advisors surveyed worry that recommending digital assets could have a negative impact on their relationships with their colleagues.
The growth of ETFs approved by the Securities and Exchange Commission, the outlook for a potentially more favorable regulatory climate as well as clients' desire to independently invest in crypto, is leading advisors to reassess how they address challenges in navigating the evolving digital asset landscape. At the same time, sentiment within their own organizations has shifted toward crypto and their clients are showing more enthusiasm toward the emerging asset class since the
Navigating these tensions is leading advisors to seek additional resources to close their own knowledge gaps on digital assets; the survey found that advisors' fears about conflicts with both audiences are amplified when they feel they don't have clear guidance from their own firms regarding digital assets.
Jean-Marie Mognetti, CEO of CoinShares, commented: "Advisors are caught in a challenging position, trying to navigate conflicting positions between their colleagues and clients. Clear guidance, both at a firm level and at a regulatory level, will be essential to navigating this divide in 2025. Since 2014, CoinShares has been committed to educating financial advisors in
Key takeaways from the survey include:
- Advisors face conflicting pressures.
74% of respondents say the pressure to align with traditional financial goals conflicts with the push from cryptocurrency firms to make digital assets a core portfolio component. Additionally, as clients pursue cryptocurrency investments independently,79% of advisors believe their role is shifting towards risk management. - Advisors feel their clients underestimate volatility as a risk.
53% of advisors rank volatility as a top concern when assessing challenges in advising clients on potential digital asset investments. - Regulatory approval is the key catalyst.
88% say the SEC's approval of Bitcoin and Ethereum ETFs has made them more optimistic about digital assets, and 2 out of 3 advisors (62% ) say SEC approval is one of the top three factors that impacts their ability to present digital assets as investment opportunities to clients. - Advisors want to learn more but find biased information a significant barrier. More than eight out of 10 advisors surveyed are willing to pay for education to enhance their knowledge of digital assets. However,
43% see crypto-native firms publishing biased information as a barrier to further understanding. - Shift in attitudes towards digital assets following the election.
85% of advisors say the sentiment of their organization toward digital assets has changed since the election; while80% noted clients have more positive attitudes towards digital assets and85% say the election impacted how they are advising clients on portfolio diversification.
Jean-Marie Mognetti, CEO of CoinShares, commented: "Investor interest in digital assets has been growing for more than a decade, but has been historically niche; we are now at an inflection point where mainstream adoption is a reality. Financial advisors are rapidly developing their expertise in digital assets to address potential knowledge gaps and better align with client needs."
The CoinShares survey polled 250 advisors who work full time and are responsible for providing advice on investments and portfolio management. They hold Series 7, 63, or 65 licenses, work for a wealth or investment management firm or brokerage firm and provide advice on at least three investment types. The survey results are subject to a margin of error of ±
For more information about the survey, visit: https://coinshares.com/us/resources/ria-survey/
ABOUT COINSHARES
CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in
For more information on CoinShares, please visit: https://coinshares.com Company | +44 (0)1534 513 100 | enquiries@coinshares.com Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com
PRESS CONTACT
CoinShares
Benoît Pellevoizin
bpellevoizin@coinshares.com
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SOURCE CoinShares Group
FAQ
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