Crypto took a slightly smaller share of affluent investors’ portfolios in 2026 as more money moved into stocks, an HSBC survey found.
Affluent and high-net-worth investors have marginally decreased their allocation to cryptocurrencies, according to HSBC, the global banking group.
Cryptocurrency made up on average 6% of the investor portfolios in 2026, compared to 7% in the previous year, the HSBC Global Affluent Investor Snapshot report found. The study surveyed 9,993 investors in 10 countries.
About 45% of respondents said they planned to increase their crypto allocation over the next 12 months, while 40% expected to leave it unchanged. Another 16% planned to reduce it or remained unsure.
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Money Moves Elsewhere
Average stock investments climbed two percentage points to 16%, while private equity, private credit, and hedge funds grew two points to 8%.
Meanwhile, crypto, cash, and gold all shed one percentage point. Cash still accounted for the largest share, with 19%, followed by stocks, bonds with 14%, real estate at 12% and gold with 10%, the survey found.
Crypto’s 6% share was roughly level with real estate investment trusts and remained above commodities.
Crypto allocations fell two points in Hong Kong and one point in both the UK and the U.S. They were unchanged in Singapore, Malaysia and Taiwan, while investors in mainland China increased their allocation by one point, per the survey.
In addition, the survey revealed that age continues to be the most defining characteristic. Gen Z investors, aged 21-29, invested three times as much crypto as Baby Boomers aged 62-69 and planned to boost their crypto investments further.
HSBC surveyed investors between Jan. 6 and Feb. 6. Affluent respondents held at least $100,000 in assets, while high-net-worth respondents held at least $2 million.
Read more: Top 5 Biggest Crypto Bubbles in History — What Investors Can Learn Before the Next Crash
