The Silent Portfolio: A Quarter of European Wealth Managers Cannot See the Majority of Their Clients' Digital Assets
CoinShares published a survey of 261 European wealth managers revealing that firm policy is the primary barrier to overseeing client digital assets. The survey found that 25% of advisers report a management gap over 50%, rising to 52% in the UK, meaning client crypto holdings are largely invisible to their managers. The report identifies regulatory recognition (45%) and access to ETPs (43%) as the top catalysts for adviser confidence, rather than education. With the MiCA transition closing on July 1, 2026, and the UK FCA proposing a 10% allocation limit, CoinShares sees a significant opportunity in bridging the gap for the €15tn European retail market.
Key figures
- Blocked firms pct
- 61%
- Survey respondents
- 261
- Catalyst etp access
- 43%
- Management gap uk pct
- 52%
- Management gap europe pct
- 25%
- Catalyst regulatory recognition
- 45%
- European retail fund market size
- €15tn
- Active recommendation restricted firms
- 1%
- Active recommendation supportive firms
- 48%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.