Young Wealthy Investors Ditch Advisers Over Crypto Access
A seismic shift is underway in wealth management as 35% of young affluent investors have moved assets from advisers who don't offer crypto exposure. The Zerohash survey of 500 U.S. investors (aged 18-40 with $100K-$1M incomes) reveals generational fault lines: half of high-earners shifting $250K-$1M portfolios cited crypto access as decisive.
Institutional adoption acts as catalyst—82% reported increased confidence after BlackRock and Fidelity entered the space. The demand isn't limited to Bitcoin and Ethereum; 92% seek exposure to broader digital assets, suggesting altcoins may benefit from this advisory gap.
Market implications are clear: wealth managers ignoring this trend risk becoming obsolete to a generation that views crypto as standard portfolio allocation rather than speculative gamble.