Virtual asset allocation 1.3%... 40% cite diversification as motivation

CoinShares’ October digital asset fund manager survey, covering 28 managers with about $642 billion in assets under management, showed the average crypto allocation in respondents’ portfolios rising to 1.3% from 1.2% in the July survey. Diversification accounted for 40% of stated investment motives, while speculation fell below 9% and ranked fifth. CoinShares said respondents are shifting from equities and bonds into alternatives including commodities and digital assets. The modest but rising allocation signals that crypto is gaining ground as a portfolio diversifier rather than a speculative bet among large allocators. Watch whether the diversification-driven trend continues in the next quarterly survey and whether average allocations move meaningfully above the 1.3% level.