CoinShares: Asset management company optimistic about Bitcoin's upside potential, but the portfolio remains primarily focused on Ethereum

2023-07-19 14:41:55

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ChainCatcher news, a survey conducted by CoinShares on asset management companies shows that Bitcoin is considered the cryptocurrency with the greatest growth potential, but Ethereum still holds the largest position in their portfolios.
A total of 51 investors managing assets worth a combined $900 billion participated in this quarterly survey, with 43% of investors stating that BTC's upside potential is superior to that of ETH. Additionally, custody issues and availability are reasons why institutional investors are reluctant to allocate to digital assets.
However, given that 70% of respondents are from Europe and the Middle East, with about 25% from North America and approximately 5% from Asia, this survey may not accurately reflect the current sentiment of U.S. investors.

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