According to a report by Aspen Digital, 76% of Asian private wealth managers are investing in cryptocurrencies.
The report reveals that the proportion of respondents investing in cryptocurrencies has increased from 58% in 2022 to 76% in 2024.
The approval of Bitcoin ETFs by the SEC has given digital assets regulatory backing and made investors more comfortable adding crypto exposure to their portfolios.
Key areas of interest for private wealth managers include DeFi, AI and DePIN, and real-world asset tokenization, while NFTs and crypto as a 'store of value' are no longer top areas of interest.