𝗟𝗔𝗧𝗘𝗦𝗧: 𝗪𝗲𝗮𝗹𝘁𝗵 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗼𝘂𝗹𝗱 𝗔𝗹𝗹𝗼𝗰𝗮𝘁𝗲 𝟯% 𝘁𝗼 𝗕𝗶𝘁𝗰𝗼𝗶𝗻, 𝗦𝗮𝘆𝘀 𝗕𝗶𝘁𝘄𝗶𝘀𝗲 𝗖𝗜𝗢 𝗠𝗮𝘁𝘁 𝗛𝗼𝘂𝗴𝗮𝗻
Professional investors are now favoring a 3% allocation to bitcoin, a significant increase from the previously conservative 1%, reports Bitwise CIO Matt Hougan. This shift, largely influenced by the introduction of U.S. spot Bitcoin exchange-traded funds (ETFs), marks a new era in cryptocurrency investment. The U.S. spot Bitcoin ETFs have already attracted about $11.7 billion in net inflows in just over two months, signaling a strong and sustained demand. Hougan notes that the perception of bitcoin’s risk has changed with the ETFs’ launch, encouraging investors to consider higher allocations.
