A full 65% of those surveyed expect digital assets to deliver stronger growth than equities over the next 10 years.
Aug 21, 2025, 3:00 p.m.
A majority of investors who hold both cryptocurrencies and stocks say digital assets will outperform equities in the long term, according to a new survey from crypto exchange Kraken.
The survey of more than 1,000 U.S. adults, published Thursday, found that 65% of dual-asset investors expect crypto to deliver stronger growth than stocks over the next 10 years. Just 35% favored equities.
Nearly 70% said they plan to increase their crypto allocations in the coming year, with men showing stronger conviction than women (74% versus 59%).
Over the past 12 months, digital assets have also outperformed for many investors: 42% reported their crypto holdings beat their stock portfolios, compared with 31% who saw equities perform better.
Confidence levels are tilting toward crypto as well, with 61% of those surveyed saying they’ve grown more confident in digital assets, versus 53% for stocks.
Crypto also appears to be emerging as a “crisis trade.” When asked where they would allocate fresh capital during global uncertainty, 33% chose crypto, 20% said equities and 19% picked cash.
Mark Greenberg, Kraken’s global head of consumer, said the data reflects a shift in portfolio construction.
“Dual-asset investors are no longer treating crypto as a speculative outlier. They’re viewing it as a core growth driver,” he said in emailed comments
The findings come as crypto exchanges, including Kraken, move further into traditional finance by offering equities trading alongside digital assets, a sign of how the lines between the two markets are increasingly blurring.
Read more: Kraken Debuts Derivatives Trading in U.S., Plans Expansion to Commodity, Stock Futures
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Will Canny
Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.
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