PANews reported on August 29 that according to CoinDesk, a research report from Canaccord pointed out that in the past year, the crypto asset industry has recovered from the consolidation phase after the collapse of the FTX exchange and returned to growth mode. The report mentioned that the Bitcoin and Ethereum spot ETFs launched in the United States this year have become a positive driving force for the crypto market, promoting the wider adoption of digital assets by institutions. Canaccord expects that the allocation of cryptocurrencies in institutional portfolios will continue to increase. In addition, MicroStrategy's stock price has risen by about 325% in the past year, outperforming most asset classes.
