CoinShares survey shows over half of UK advisers miss client crypto

**Over Half of UK Advisers Can’t See Clients’ Crypto Holdings**

A CoinShares survey shows a major oversight gap for UK wealth managers.
52% of advisers report that more than half of clients’ digital asset exposure is outside their management.

The study, The Silent Portfolio, covered 261 wealth management professionals.
61% work at firms with either restrictive crypto policies or no internal guidance.
At firms with supportive policies, the gap is far smaller.

CoinShares CEO Jean-Marie Mognetti calls this a “wrong-way risk” — clients already hold assets like Bitcoin, Ethereum and stablecoins, but advisers can’t manage the risks.

Lack of visibility impacts:
- Concentration management
- Liquidity planning
- Tax strategy
- Volatility control

45% of advisers want stronger regulatory recognition.
43% cite better crypto ETP access as a key factor.

Policy changes at firm level could close the blind spot, shifting holdings into regulated, adviser-visible products.
The report signals that crypto adoption is already widespread — just often hidden from the formal wealth management system.