Bitcoin ETFs in the US drive higher crypto allocations among i | 🔸️Ethereum | Bitcoin & Altcoin News
Bitcoin ETFs in the US drive higher crypto allocations among institutional investors
Institutional investors increasingly sought exposure to crypto during the first quarter of the year following the launch of several US-based spot Bitcoin exchange-traded funds (ETFs) in January. The CoinShares Digital Fund Manager survey revealed that these institutional investors have significantly increased their digital asset allocations, reaching 3% in their portfolios. This marks the highest level since the survey’s inception in 2021.
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