CoinShares Survey: 52% Of UK Advisers Face Major Crypto Visibility Gap

A new CoinShares survey suggests UK wealth managers are facing a major blind spot when it comes to client crypto exposure. The report, titled The Silent Portfolio, found that 52% of UK advisers said more than half of their clients’ digital asset holdings sit outside their oversight.

CoinShares surveyed 261 wealth management professionals and found a notable gap between client behaviour and adviser visibility. The UK figure was particularly striking, with 52% of advisers reporting a management gap of more than 50%.

The firm said the problem is structural. According to the repaired source batch, 61% of surveyed wealth managers work at firms with either restrictive digital asset policies or no clear internal guidance. Advisers at supportive firms reported a much smaller gap.

CoinShares CEO Jean-Marie Mognetti described the situation as a wrong-way risk, where clients have already allocated capital to digital assets but advisers are prevented from overseeing or managing those risks because of firm policy.

The survey also points to demand for more regulated access. According to the batch, 45% of advisers cited regulatory recognition as a key confidence factor, while 43% wanted better ETP access. That suggests advisers may be more willing to engage with crypto when the products and rules look familiar.

The next stage is likely to involve firm-level policy changes. Wealth managers may not need to recommend crypto aggressively, but they may need better tools for discovering and monitoring client exposure.

For the wider market, CoinShares’ report shows that adoption is already happening beneath the surface. The question is whether wealth-management firms can catch up before unmanaged exposure becomes a larger risk.

The core facts in this article are based on the primary source material listed in the repaired batch. Supporting context has been kept close to the source record and avoids unsupported price-causation claims.