About 50% of UK Wealth Advisors Cannot See Most of Their Clients’ Crypto Holding

More than half of UK wealth advisors say most of their clients' crypto holdings sit outside their oversight. A new CoinShares survey blames firm policy, not investor appetite or advisor knowledge.

The poll of 261 wealth professionals across France, Germany, Italy, Switzerland and the UK found 52% of British advisors report a management gap above 50%. Across Europe, one in four faces the same blind spot.

The survey defines the management gap as the share of a client's digital asset exposure that an advisor cannot see. Holdings on personal exchanges or self-custody wallets fall outside the advisory relationship.

The report ties the gap to one factor. Some 61% of advisors work at firms that restrict digital assets or give no internal guidance. In those firms, active recommendation drops to 1%, against 48% at firms with clear support.

The gap moves the other way, from 4% at supportive firms to 34% at restrictive ones. CoinShares put the unmanaged exposure 8.5 times wider in blocked firms, the basis for its wrong-way risk warning.

The knowledge gap tracks the same line. More than three-quarters of advisors who call themselves under-informed work at blocked firms. That suggests trai

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/50-uk-wealth-advisors-cannot-210000597.html)