Financial regulators and the U.S. government may want to kill cryptocurrencies, but investors are still hungry for the asset class. Family offices and institutions plan to continue investing despite increasing hostility from the Securities and Exchange Commission.

According to recent research from #UBS , more than a third of U.S. family offices plan to increase their exposure to digital assets.

A family office is defined as a private firm that handles investment and wealth management for an affluent family. They typically have at least $50 million to $100 million in investable assets. Their primary goal is to effectively grow and transfer wealth between generations.

On June 16, Bitcoin charting guru Willy Woo said:

"If you think #cryptocurrencies are dead under the current U.S. regulatory FUD, here's a perspective."