Forecast Trend Report by Period
Institutional investors are increasing their exposure to cryptocurrencies again, led by Bitcoin, as money continues to flow into U.S. spot Bitcoin exchange-traded funds and market sentiment improves.
CoinShares, a digital-asset manager, said a recent survey of institutional investors found Bitcoin was viewed as the cryptocurrency with the strongest growth prospects, Cointelegraph reported on May 7.
The survey was conducted in April and covered 26 institutional investors managing a combined $1.3 trillion in assets. Their average allocation to digital assets was about 1%.
“Bitcoin remains the digital asset with the most attractive growth outlook,”…
