Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares
The story
Institutional investors are gradually increasing crypto exposure as Bitcoin leads allocation preferences amid rising fund inflows and improving market sentiment.
From the source
Fund managers are warming back up to digital assets, with Bitcoin continuing to dominate allocation preferences even as broader crypto sentiment improves, according to a new survey by CoinShares.
The April survey gathered responses from 26 institutional investors overseeing a combined $1.3 trillion in assets under management. Allocations to digital assets remain relatively modest, at around 1%, reflecting what CoinShares described as “typical entry sizing” in the current de-risking environment.
Who and what
Key names and topics in this story: Fund, Bitcoin, CoinShares.
Where to follow next
- Read the full piece at cointelegraph.com
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