According to Bloomberg, BNY Wealth's "2025 Single Family Office Investment Insights" report shows that among the 282 family offices with assets under management between $250 million and $5 billion, two-thirds of institutions with assets under management of more than $1 billion plan to increase their allocation to private equity this year, an increase of nearly 70% from 2024; Over the same period, the share of public equities in investable assets has fallen to 19%. After the launch of the first Bitcoin ETF and Donald Trump's endorsement of cryptocurrencies during the campaign, 74% of respondents said they had invested in or were considering allocating to digital assets, mainly due to regulatory clarity.