Affluent Asian families and family offices are stepping up cryptocurrency exposure as prices surge, adoption widens, and regulators grow friendlier. Wealth managers report heavier inquiries, crypto funds raise fresh capital, and platforms see higher volumes. Jason Huang’s NextGen Digital Venture secured over \$100 million for a new long-short crypto equity fund after his first vehicle returned 375% in under two years.
UBS says some overseas Chinese family offices aim for around 5% crypto allocations, with younger generations leading engagement. Policy tailwinds including Hong Kong’s new stablecoin law and the U.S. GENIUS Act are reinforcing demand as bitcoin trades above \$124,000.
Managers note a shift from token-lite dabbling to “must-have” positions, with clients moving from ETFs toward direct coins and market-neutral plays like basis trades and arbitrage. Fidelity’s Giselle Lai frames bitcoin as a portfolio diversifier. HashKey Exchange reports users up 85% year-on-year.