I am not totally surprised but thought it would be higher. Family offices have a lot more freedom in what they can invest in compared to typical asset managers. It is surprising that more didn't add a small allocation to Bitcoin but likely most of them represent older clients in wealth preservation mode and they see Bitcoin as too risky.

It makes me wonder what the tipping point is, or even if there is one, that will cause the majority of people to say "I need to get some". Who knows, maybe it is just a slow grind of adoption and there is no tipping point.