Hargreaves Lansdown Warns Investors to Avoid Bitcoin, Calls It ‘No Intrinsic Value’ Despite Offering Trading

Bitcoin drew a blunt advisory from Hargreaves Lansdown, which told clients the digital asset has “no intrinsic value” and is unsuitable for individual savings or retirement vehicles, citing pronounced price swings and structural risks.

The UK platform — with roughly $225 billion in assets under administration — also signalled it will begin offering crypto trading services, while joining other institutions such as Deutsche Bank and Elliott Management in cautioning on cryptocurrency exposures.

Hargreaves Lansdown framed its stance around the asset’s volatility and the difficulty of underwriting expected returns, advising investors to evaluate suitability and risk tolerance rather than treating crypto as a conventional income- or growth-generating allocation.