A CoinShares survey released on Oct. 5 found that wealthy investors across seven major markets, including the United States, the United Kingdom and France, place the most trust in wealth managers as a source of crypto information. Even so, sentiment toward advisers is mixed. In four of those markets, about 40% of respondents who already work with an adviser said that adviser is too cautious on digital assets.
The survey covered 2,230 investors, each with at least $500,000 in investable assets excluding real estate. CoinShares said 61% of advisers work at firms that either restrict digital assets or do not provide clear internal guidance. That policy gap appears to shape recommendations: at firms seen as supportive, 48% of advisers proactively recommend crypto assets, compared with just 1% at restrictive firms.
On the investor side, ownership and planned allocation increases were both high. Between 54% and 70% of respondents said they already hold digital assets, while 71% to 91% said they plan to increase exposure this year. At the same time, 88% said they do not have enough knowledge to invest with full confidence, and 69% said they would consider working with a wealth manager who has crypto expertise.
CoinShares said in a survey report released on Oct. 5 that wealthy investors across seven major markets, including the United States, the United Kingdom and France, trust wealth managers more than any other source for crypto information. Still, in four of those markets, about 40% of respondents who have an adviser said that adviser is too cautious on crypto assets.
Survey covered 2,230 investors with at least $500,000 in investable assets
The survey included 2,230 investors. Each respondent had at least $500,000 in investable assets, excluding real estate.
According to the report, 61% of advisers work at firms that either restrict digital assets or lack clear internal guidance on the sector.
Firm policy sharply affects whether advisers recommend crypto
At firms described as supportive, 48% of advisers proactively recommend crypto assets. At restrictive firms, that figure drops to 1%.
Ownership and plans to add exposure remain elevated
Among investors, 54% to 70% said they already hold digital assets, and 71% to 91% said they plan to increase exposure this year.
At the same time, 88% said they lack enough knowledge to invest with full confidence. Another 69% said they would consider working with a wealth manager who is knowledgeable about crypto.
The item was cited by BeInCrypto.
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