Wealthy Investors Shift from Dollar to Crypto and Gold Amid Economic Uncertainty
Ultra-high-net-worth individuals and institutional investors are accelerating de-dollarization strategies, pivoting from traditional USD assets toward cryptocurrencies and gold. UBS and Morgan Stanley report their affluent clients are actively diversifying portfolios to hedge against global economic volatility.
"Asset protection drives this movement," says Amy Lo, UBS’s co-head of wealth management for Asia. The trend underscores growing institutional validation of crypto as a hedge, though the article doesn’t specify particular digital assets involved in the shift.