Bitwise Survey Reveals 67% of Wealth Managers Lack Crypto Exposure

A recent survey conducted by Bitwise Asset Management highlights a significant gap in cryptocurrency allocation among wealth managers. According to the poll presented by Ryan Rasmussen, Head of Research at Bitwise, 67% of wealth managers reported having no cryptocurrency exposure in their client portfolios.

This finding, based on responses from approximately 400 wealth managers, may initially appear discouraging. However, the survey also revealed that 60% of these professionals intend to incorporate crypto allocations within the next 12 months. This suggests a potential shift in the industry towards embracing digital assets.

Current Trends in Crypto Adoption

The 2026 Bitwise/VettaFi Benchmark Survey indicated that 32% of financial advisors had allocated cryptocurrency for clients in 2025, a notable increase from 22% in 2024. Furthermore, the ability of advisors to purchase crypto for clients rose from 35% to 42% over the same period, indicating a loosening of previous restrictions.

Interestingly, XRP garnered the most inquiries during the Bitwise event, reflecting a growing interest in the asset amid changing regulatory landscapes. Bitcoin, Ethereum, and Solana were also prominent topics of discussion, alongside themes such as tokenization and stablecoins.

Challenges Ahead

Despite the positive intentions, the 67% figure underscores a competitive challenge for wealth managers who have yet to allocate crypto. Those who have already made allocations are likely to strengthen client relationships and build track records in this emerging asset class. As crypto prices are expected to rise, as indicated by 60% of respondents, the pressure may increase on those who remain hesitant to enter the market.