Reported 3 days ago
Wealthy families and family offices across Asia are significantly increasing their investments in cryptocurrencies, spurred by optimistic market conditions, broader acceptance, and supportive regulations. Wealth managers report a surge in inquiries and trading volumes, while high-net-worth individuals recognize the necessity of digital assets in their portfolios. Innovations like cryptocurrency funds are gaining traction, with many aiming for 5% crypto exposure, while concepts like bitcoin ETFs are becoming more familiar as family offices look to diversify and optimize their returns amidst macroeconomic uncertainties.
Source: YAHOO