• Bitwise survey shows 60% of 400 wealth advisors plan crypto allocation within a year.
• 67% of the surveyed advisors currently hold no cryptocurrency allocation.
• Bitwise/VettaFi survey found 32% of advisors allocated crypto in 2025, up from 22% in 2024.
Bitwise Survey Flags 60% Advisor Allocation Intent
A presentation delivered to 400 wealth management advisors has surfaced a demand signal that institutional desks have been circling for months: 60% of the respondents plan to allocate to cryptocurrency within the next year. The figures were shared by Ryan Rasmussen, head of research at asset manager Bitwise, in a LinkedIn post on September 8, following a joint session with chief investment officer Matt Hougan. An identical 60% share expects cryptocurrency prices to be higher by the end of the year, yet 67% of that same audience currently holds no crypto at all — a gap that, if closed, represents one of the largest untapped distribution channels in traditional finance. The curriculum led with Bitcoin (BTC), the largest digital asset, and ran through Ethereum, Solana, HyperLiquid, stablecoins, tokenization and the regulatory landscape. Bitwise itself cautions that the poll captures the intent of that specific audience rather than a representative measure of the advisory industry as a whole.
Benchmark data points the same direction. The Bitwise/VettaFi 2026 Benchmark Survey, which collected 299 valid responses between October 31 and December 8, 2025, found 32% of financial advisors had allocated crypto in client accounts in 2025, up from 22% in 2024. Access is widening too: 42% of advisors can now buy crypto in client accounts, versus 35% a year earlier. Bitwise chief executive Hunter Horsley argued as far back as March that institutional adoption is already underway, and the firm's 2026 outlook projects more than 100 crypto-linked ETFs launching in the United States. For a desk watching flows daily, the combination of rising access and rising intent is the more telling pair.
Tokenized Stocks Cross $4 Billion as Volume Surges
Separately, the infrastructure side of adoption posted its own milestone. A Binance Research report published on September 11 finds that tokenized equities have entered an actively traded on-chain phase. The market cap of actively traded tokenized stocks climbed from $965 million at the start of 2026 to roughly $4 billion as of September 9. Monthly trading volume expanded faster still, from $237 million in January to $7.9 billion in August. Turnover tells the sharper story: monthly volume relative to active market cap rose from 0.23x in January to 2.14x in August, touching 3.32x in July — evidence these assets are being traded, not merely held, on the crypto exchange rails that host them.
Distribution, not issuance, is driving the growth. Within the issuer volume Binance Research tracks, the combined share of Binance's bStocks platform and the Robinhood investing app jumped from 0.8% in June to 82.3% in August and 87.8% in September to date. The report also notes 58.5% of early bStocks users went on to trade perpetual futures or spot equities, suggesting existing product funnels accelerate tokenized-stock uptake. DeFi usage is scaling in parallel: active total value locked in tokenized equities rose 1,242% from $21.6 million at the start of the year to $289.1 million by September 9. Of that, 65.4% sits in liquidity pools, 28.1% in lending, 5.7% in yield-tokenization and 0.8% elsewhere, with BNB Chain, Robinhood Chain and Solana — proof-of-stake networks — collectively holding 90% of the total. Binance Research concludes that competition is shifting from a race to issue tokenized stocks to a race to distribute and build uses for them, rewarding platforms that convert users, sustain liquidity post-launch and offer after-hours trading.
Advisory Channels and On-Chain Rails Converge
COINOTAG's read: these two datasets describe one adoption curve from opposite ends. The benchmark survey document is unambiguous — advisor allocation rose from 22% to 32% in a single year even while 67% of the presentation audience remains unallocated, leaving a wide runway regardless of where the crypto fear and greed index sits. Meanwhile, on-chain records show tokenized equity volume growing roughly 33-fold in eight months. Read together, they sketch a market where advisory channels push conventional wealth toward assets like Bitcoin, often framed as a digital alternative to gold, while the tokenization layer beneath traditional securities matures. If that 60% intent converts into funded accounts, both the ETF pipeline and on-chain tokenized markets stand to absorb the flow.
