A recent CoinShares survey of financial advisers revealed that there is a perception gap between regulatory approval, client demand, and advisers' fiduciary concerns when it comes to recommending bitcoin. 62% of advisers believe that recommending bitcoin does not align with their obligation to act in their client's best interest. Additionally, 55% of advisers fear that recommending digital assets would harm their reputation among colleagues, indicating cultural and institutional barriers in traditional financial circles. Younger advisers, particularly from Gen Z and Millennials, are more likely to view recommending speculative assets as going against their fiduciary duty. Despite this, 71% of advisers report that their firms are educating them on crypto, but 84% are willing to pay for additional education. 43% of advisers also see biased information from crypto platforms as a barrier.



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