35% of Americans Hold Crypto. Here’s Why That Allocation Terrifies Financial Planners

The article reports that Charles Schwab’s Modern Wealth Survey 2025 shows 35% of Americans hold crypto and that crypto now represents 10% of the average investor’s portfolio—exceeding ETF exposure (6%) and bonds (8%). Financial planners warn this raises sequence-of-returns risk for retirees who may be forced to sell volatile holdings during downturns. Bitcoin trades near $76,347 (YTD -11.69%, 1yr -18.7%; 1-month +17.15%) and Ethereum near $2,296.66 (YTD -22.48%). With the 10-year Treasury yielding 4.35% and personal savings rates falling, the piece flags concentrated portfolio volatility and reduced savings capacity as material risks to retirement income and urges cautious allocation and rebalancing.