Most financial advisors still overlook Bitcoin, despite its increasing adoption and potential as a high-growth asset. Whether due to outdated investment models, risk concerns, or fee structures, advisors rarely discuss Bitcoin as a viable option. In this article, we explore the reasons behind this hesitancy, Bitcoin’s growing role in global finance, and how Australians can take control of their investments with Elbaite.
For decades, financial advisors have been the go-to experts for guiding investment decisions. They typically recommend traditional assets like stocks, bonds, and real estate—the familiar pillars of wealth-building. However, in today’s fast-evolving financial landscape, there’s one asset many advisors aren’t discussing: Bitcoin.
Despite Bitcoin’s significant growth—having surged over 500% in the last five years and 40% year-to-date—a survey by Cerulli Associates reveals that only 2.6% of financial advisors actively recommend crypto opportunities to their clients. Additionally, just 12.1% of advisors are willing to discuss crypto if their clients request it. This suggests that Bitcoin remains largely absent from mainstream investment conversations, leaving many investors unaware of its potential.
So, why don’t more financial advisors recommend Bitcoin? Is it due to a lack of understanding, or does Bitcoin challenge the traditional investment playbook? In this article, we explore why Bitcoin is gaining traction and why it might be worth considering in your portfolio.
Bitcoin has evolved beyond its early stages and is increasingly recognised as an asset with growing institutional interest. What began as a niche digital currency has now developed into a mainstream asset class. The approval of multiple Bitcoin ETFs signals its increasing legitimacy in the financial world.
Here are some reasons why more Australians are exploring Bitcoin:
Despite Bitcoin’s advantages, many financial advisors remain reluctant to recommend it. The Cerulli Associates survey confirms this trend, showing that only a small percentage of advisors are willing to discuss or endorse crypto investments. Here’s why:
If you’re looking to invest in Bitcoin, choosing the right platform is crucial. Here’s why Elbaite stands out:
Bitcoin’s growing adoption by institutional players is a clear signal that the investment landscape is evolving. While financial advisors may not always introduce you to emerging assets like Bitcoin, it’s up to you to stay informed and take control of your financial future.
"I have been a user of the Elbaite service for a long time and I keep coming back to use this service on a regular basis. An extra couple of stars should be added for the service personnel. Problems are resolved quickly and the patience exhibited by these people are legendary."
Andre - Elbaite Client
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Block quote
Ordered list
Unordered list
Bold text
Emphasis
Superscript
Subscript