Scan to download
BTC $60,144.09 +0.27%
ETH $1,576.73 +0.03%
BNB $558.10 -1.65%
XRP $1.05 +0.55%
SOL $70.95 -1.16%
TRX $0.3205 +0.22%
DOGE $0.0747 -1.14%
ADA $0.1453 -1.72%
BCH $196.43 -0.79%
LINK $7.31 -0.33%
HYPE $62.54 -2.40%
AAVE $95.39 -0.32%
SUI $0.6868 -1.59%
XLM $0.1741 -2.09%
ZEC $398.77 -5.09%
BTC $60,144.09 +0.27%
ETH $1,576.73 +0.03%
BNB $558.10 -1.65%
XRP $1.05 +0.55%
SOL $70.95 -1.16%
TRX $0.3205 +0.22%
DOGE $0.0747 -1.14%
ADA $0.1453 -1.72%
BCH $196.43 -0.79%
LINK $7.31 -0.33%
HYPE $62.54 -2.40%
AAVE $95.39 -0.32%
SUI $0.6868 -1.59%
XLM $0.1741 -2.09%
ZEC $398.77 -5.09%

pan

All
Article
Flash

first_img Survey: More than half of British wealth advisors say clients' cryptocurrency assets are not within their management scope, mainly due to company policy restrictions

According to The Block, a survey by CoinShares of 261 wealth management professionals in Europe shows that 52% of UK wealth advisors indicate that most of their clients' crypto asset exposure is outside their management scope (with a management gap exceeding 50%), while the overall percentage in Europe is one-quarter.The report points out that this "management blind spot" is primarily driven by company policies rather than a lack of advisor knowledge or client demand. In companies with explicit restrictions or a lack of internal guidance, the proportion of advisors actively recommending crypto assets is only 1%, while the management gap reaches 34%; in contrast, in companies with clear support, the recommendation rate is 48%, and the management gap is only 4%.The survey also found that the changes advisors most want to see are regulatory recognition of digital assets as a mainstream asset class (45%) and access to exchange-traded products (ETPs) (43%), rather than purely educational training.Currently, the UK's Financial Conduct Authority (FCA) has proposed allowing authorized funds to hold up to 10% in crypto ETPs, and the European regulatory environment is gradually shifting towards support, which may help narrow this management gap.
app_icon
ChainCatcher Building the Web3 world with innovations.