BingX Chief Strategy Officer Kevin Li stated that wealthy "old money" investors take a longer-term approach to bitcoin (BTC), viewing it as a tool for portfolio diversification. However, data on family offices points to limited involvement: 89% have no crypto exposure.
Li: Bitcoin as a Diversifier Alongside Gold
According to Li, "old money" investors are more likely to use a buy-and-hold strategy and are less focused on rapid, outsized returns. He cited an example where an investor allocates 5% each to gold and bitcoin. Li described these investors as having "stronger diamond hands," emphasizing that bitcoin's growth has made it a more viable component of a diversified portfolio.
CoinShares Survey: Capital Growth and Diversification Are Priorities
A CoinShares survey of 2,230 investors with at least $500,000 in investable assets found that the main motivations for investing in digital assets were long-term capital growth and diversification. Short-term speculation ranked last among the reasons. Bitcoin was included in the portfolios of 80% of digital asset investors surveyed.
JPMorgan: Crypto Share in Family Offices at 0.4%
A JPMorgan report based on a survey of 333 single-family offices across 30 countries showed that 89% have no exposure to cryptocurrencies or digital assets. The average allocation to this asset class was just 0.4%, and only 17% of respondents considered crypto and digital assets a key investment theme.
