CoinShares: Fund Managers’ Average Digital-Asset Allocation Rises to 1.3%, Diversification Leads

CoinShares published its October 2026 survey of digital-asset fund managers. According to Foresight News, respondents’ average portfolio allocation to digital assets increased to 1.3% from 1.2% in July. Investors are shifting from stocks and bonds toward commodities, digital assets, and other alternatives rather than cash, while client demand has declined despite more respondents viewing digital-asset valuations as attractive. Diversification was the leading investment motive, cited by 40% of respondents, while speculation fell to fifth place at less than 9%. Bitcoin remained the asset most favored for growth prospects, and Bitcoin and Ethereum together represented 47% of respondents’ holdings. Altcoin preferences shifted toward Hyperliquid, SUI, and Uniswap, while outlooks for Ethereum and Solana improved slightly. Among respondents who had invested, volatility remained the main risk. CoinShares linked the concern to Bitcoin’s 50% drawdown over the past 12 months. Regulatory concerns also remained high amid delays in passage of the CLARITY Act. The share of respondents who saw the Federal Reserve as making a policy error fell, amid rising U.S. inflation and Fed rate hikes. The survey included 28 respondents managing about $642 billion in assets.