Affluent Investors Boost Crypto Exposure as Advisers Lag

A majority of affluent investors across seven of the biggest economies hold digital assets, with crypto accounting for around 10% of their portfolios on average, according to a new CoinShares survey.

The survey covered 2,230 investors with at least $500,000 in investable assets across the US, UK, France, Germany, Italy, Sweden and Switzerland. Digital asset ownership ranged from 54% in Sweden to about 70% in the US, UK, Germany and Switzerland.

At least 85% of current digital asset investors in five of the seven countries said they planned to increase their exposure in 2026, with as much as 91% in the US, UK and Germany.

CoinShares survey of affluent investors across seven countries. Source: CoinShares

The February 2026 crypto market downturn did little to dampen that appetite. In all seven countries, more respondents said the sell-off made them more likely to invest in digital assets than less likely.

That resilience appears to reflect a longer-term view of the asset class. Long-term appreciation and diversification were the leading reasons respondents gave for investing in crypto, while speculation ranked last. Just 6% identified primarily as short-term traders.

Bitcoin (BTC) remained the most widely held digital asset, owned by 80% of digital asset investors on average, though 89% of BTC investors also held other digital assets. Meanwhile, 77% of respondents believed BTC would play a significant role in the future global financial system, while 79% supported increased regulation of digital asset markets.

Crypto exposure was particularly high among younger investors. That cohort allocated more to digital assets than older investors in all seven countries and roughly twice as much in four of them.

Related: Wealth in retirement: A use case for Bitcoin in IRAs

Advisers lag crypto investors

The survey also found signs of a disconnect between affluent investors and their financial advisers. Roughly four in 10 respondents in Switzerland, France, the US and Germany who worked with an adviser said they found them overly cautious about digital assets.

The respondents’ view on advisers was echoed by Ric Edelman, founder of the Digital Assets Council of Financial Professionals and Edelman Financial Engines.

Edelman told Cointelegraph that financial advisers remain slow adopters of digital assets, with many lacking the knowledge or incentive to learn about the asset class. He said:

Advisors are busy; they are already operating a successful practice filled with happy clients — so why bother learning something new? — and most are getting little to no encouragement from their firms.

He added that some firms prohibit advisers from discussing crypto or offering crypto-related investments to clients. As a result, he said advisers may not know which of their clients own crypto and could be missing opportunities to provide tax, estate-planning and philanthropic services around those holdings.

How much crypto should investors hold?

Edelman challenged CoinShares’ finding that crypto allocations among affluent investors average around 10%, saying his own research suggests allocations of 2% to 5% are far more common.

Despite questioning the survey’s figure, Edelman recommends allocations ranging from 10% to 40%, depending on risk tolerance. He recommends 10% for conservative portfolios, 25% for moderate portfolios and 40% for aggressive portfolios.

“As the asset class matures, 10% allocations or higher will become the norm,” Edelman said. “The sooner people do that, the better off they will be.”

Edelman’s recommended allocations stand in contrast to broader skepticism about using crypto for retirement savings. An August survey from the National Institute on Retirement Security found that 77% of Americans considered cryptocurrency in workplace retirement plans risky, including 46% who viewed it as very risky.

Americans view of crypto in retirement plans. Source: National Institute of Retirement Security

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