CoinShares' October digital asset fund manager survey reveals that average digital asset allocation in institutional portfolios rose to 1.3% from 1.2% in July, as investors rotate out of equities and bonds into alternative assets including commodities and digital assets rather than holding cash. Diversification has emerged as the primary driver for digital asset investment, accounting for 40% of all responses, while speculation dropped to fifth place at under 9%. Bitcoin remains the most favored growth asset, with Bitcoin and Ethereum together representing 47% of holdings responses. Altcoin preferences have shifted toward newer tokens such as SUI, NEAR, AAVE, HYPE, UNI, and LINK, while sentiment on Ethereum and Solana improved slightly. For non-investors, regulatory concerns and internal company restrictions remain the principal barriers to entering the digital asset space.