Despite the recent downturns in Bitcoin (BTC) and other altcoins, which have fueled uncertainty in the market, CoinShares released the results of its survey conducted among crypto asset fund managers.

Sharing the survey findings on its account

The key points from the survey results are summarized as follows:

“-In our first survey since the approval of spot Bitcoin ETFs in the US, 41% of investors believe Bitcoin has the most promising growth outlook, keeping Bitcoin at the top of the list.

-The share of cryptocurrencies in investment portfolios rose from 1.3% to 3%, the highest level recorded since the survey began in 2021.

-It's no surprise that the primary driver of this increase is institutional investment, particularly from those who have gained exposure to Bitcoin through US-based ETFs.

-Although Ethereum remains the second most popular asset in portfolios, investor interest has waned since January.

-Investors are diversifying into altcoins, with a growing interest in Solana (SOL). “At this point, there is a remarkable increase in SOL acquisitions.”

While institutional investor interest in Solana has surged, XRP has seen a considerable decline. Not a single respondent indicated that they currently hold XRP. #Solana’ #Cryptocurrencies #bitcoinhalving #BTC #bitcoin