Family Offices Increase Crypto Allocations in 2025, but Volatility Clouds 2026 Outlook

Source: DefiPlanet Original Title: Family Offices Increase Crypto Allocations in 2025, but Volatility Clouds 2026 Outlook Original Link: https://defi-planet.com/2025/12/family-offices-increase-crypto-allocations-in-2025-but-volatility-clouds-2026-outlook/

Quick Breakdown

• Global family offices increased crypto exposure in 2025, with many making first-time allocations as institutional adoption accelerated.
• Bitcoin and Ether remained the preferred assets, driven by liquidity, custody readiness, and risk management considerations.
• Market volatility is prompting caution, raising questions about the pace of crypto allocations heading into 2026.

Overview

Global family offices expanded their exposure to cryptocurrencies in 2025, with a growing number making first-time allocations as digital assets gained institutional credibility. However, persistent price volatility and uneven market performance are raising questions about whether that momentum can be sustained into 2026.

The shift reflects a broader change in how wealthy investors approach crypto, moving away from exploratory positions toward more structured portfolio allocations.

From experimentation to structured allocations

Family offices transitioned from tentative exposure to more deliberate strategies in 2025, allocating modest but increasing portions of capital to digital assets. Muhammed Yesilhark, chief investment officer at NOIA Capital, said family offices focused primarily on segments where infrastructure, custody solutions, and risk management frameworks had matured.

Despite growing interest, Bitcoin and Ether remained the dominant entry points. Limited internal expertise and governance constraints led many family offices to avoid smaller tokens and complex DeFi strategies, instead favouring assets with deeper liquidity and established market structures.

Survey data underscores the pace of adoption. A BNY Mellon study published in October found that 74% of ultra-high-net-worth family offices are either investing in or actively exploring cryptocurrencies, up 21 percentage points from the previous year. Digital Ascension Group also reported a surge in first-time allocations, driven by extensive due diligence rather than short-term speculation.

Caution grows as markets remain unstable

While engagement increased, uncertainty has tempered expectations. Sharp price swings and recent underperformance have made some family offices more cautious heading into 2026, slowing the pace of new allocations and favouring longer investment horizons.

Looking ahead, market participants expect crypto exposure to continue growing gradually, particularly if public markets reopen to digital asset firms and regulatory clarity improves.

Broader institutional sentiment remains constructive. A separate report by a leading compliance platform and EY-Parthenon found that 83% of institutional investors plan to increase their crypto allocations this year, suggesting continued long-term confidence, even as near-term uncertainty persists.