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Affluent investors increase crypto exposure despite cautious advisers
A CoinShares survey of 2,230 investors with $500,000 or more in investable assets found crypto makes up about 10% of portfolios on average.
Cointelegraph reports that a CoinShares survey finds affluent investors across seven countries are more likely to hold crypto and plan to add to their exposure, even as many financial advisers remain cautious about digital assets.
According to the survey, digital asset ownership ranged from 54% in Sweden to roughly 70% in the US, UK, Germany and Switzerland, with crypto averaging about 10% of investors' portfolios.
The poll questioned 2,230 investors with at least $500,000 in investable assets in the US, UK, France, Germany, Italy, Sweden and Switzerland.
Cointelegraph also reports that at least 85% of current digital asset investors in five of the seven countries said they planned to increase their exposure.