Stablecoins Surpass Bitcoin in Financial Advisor Interest, Bitwise Survey Shows

Financial advisors are pivoting toward stablecoins and tokenization, with 30% prioritizing these over Bitcoin as key crypto interests, according to Bitwise CIO Matt Hougan. The shift reflects growing institutional focus on practical blockchain infrastructure rather than speculative narratives.

Only 22% of advisors now view Bitcoin primarily as a hedge against fiat debasement, while 19% spotlight crypto-AI convergence as a critical innovation area. Hougan noted the trend after intensive June 10 meetings with 40+ advisors, revealing declining emphasis on price speculation.

The data underscores a maturation in crypto adoption—advisors increasingly value settlement layers (stablecoins) and asset digitization (tokenization) over store-of-value theses. This realignment mirrors Wall Street’s broader embrace of blockchain utility beyond asset appreciation.