CoinShares Survey: 52% of UK Wealth Advisors' Clients' Crypto Assets Outside Management Scope

According to CoinShares survey reported by The Block, 52% of UK wealth advisors found clients' crypto assets outside their management scope in a recent survey of 261 European wealth professionals. Company policy, rather than advisor knowledge or client demand, drives this management gap. In firms with explicit restrictions, advisors recommend crypto assets just 1% of the time with a 34% management gap, compared to 48% recommendation rate and only 4% gap in firms with clear support.

Advisors prioritize regulatory recognition of digital assets as mainstream (45%) and access to exchange-traded products (43%) over additional training. The UK Financial Conduct Authority has proposed allowing authorized funds to hold up to 10% in crypto ETPs, reflecting a shift toward support that could narrow this gap.