- Family offices have bet on crypto like never before in 2025.
- But the $19 billion market collapse in October worries them.
- Arthur Hayes nevertheless remains optimistic that Bitcoin will reach $200,000 by March.
Family offices are increasingly concerned about their cryptocurrency investments after the liquidation of approximately $19 billion in digital asset positions in October, according to a report from Financial news.
The drop shaved about $1 trillion off the total value of the global crypto market and caused the price of Bitcoin to fall by about 30%.
“The recent decline has hurt sentiment around crypto among family offices,” said a representative of a UAE-registered family office. Financial news.
“Especially when they see extreme volatility, they start to compare it to other investment vehicles in which they get stable returns, like real estate.”
About 74% of family offices invest in or explore cryptocurrencies, according to an October BNY Mellon survey.
Investors lose interest
Investor pessimity is increasing in contrast to the palpable dizziness of many players in the crypto sector, who are banking on a favorable environment in 2026.
Since Donald Trump took office in January, the US president has passed new crypto laws, appointed industry-friendly regulators and added industry lobbyists to key government positions – and more legislative overhauls are on the horizon.
Despite this undoubtedly bullish context, investors are losing interest in cryptography.
Google searches for “Bitcoin” are at their lowest level since late April. Google data on altcoins, such as Ethereum and XRP, paints a similar picture.
Family offices are worried
It is in the face of this scenario that family offices now seem increasingly keen to invest in digital assets.
Free-falling prices, combined with market volatility, will continue to pose a major challenge in 2026, experts say. Financial news.
Some market analysts expect the price of Bitcoin to fall another 90% to $10,000 in 2026, which would likely put even more pressure on family offices.
Of course, not everyone is pessimistic.
Arthur Hayes, chief investment officer of the Maelstrom family office, says an influx of liquidity from the Federal Reserve will push the price of Bitcoin to $200,000 by the end of the next quarter.
Maelstrom plans to raise $250 million for a private equity fund targeting mid-sized crypto companies, Bloomberg reported in October.
Crypto market players
- Bitcoin is up 0.9% over the past 24 hours to trade at $88,594.
- Ethereum is down 0.1% to trade at $2,972.
What we read
Eric Johansson is the editor-in-chief of DL News. Do you have any advice? Send him an email to eric@dlnews.com.


