Half of UK wealth advisors say client crypto assets are mostly outside regulation, mainly due to institutional policy restrictions.

ME News, June 25 (UTC+8), CoinShares surveyed 261 European wealth management practitioners and found that 52% of UK advisors reported that more than half of their clients' digital assets are not under their management, while the European average is about a quarter. CoinShares refers to this portion as the "management gap," including clients' holdings in personal exchange accounts or self-custody platforms. The report indicates that 61% of surveyed advisors work at institutions with restrictive or unclear policies on digital assets, resulting in an active recommendation rate of only 1% in "restricted institutions" and a management gap of 34%, compared to just 4% in "supportive institutions." Respondents believe that regulatory inclusion of crypto assets into mainstream asset classes (45%) and the availability of crypto ETPs (43%) are key structural conditions to narrow the gap. (Source: PANews)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned