2 hours ago
Bitcoin ETF Allocators Bought the Dip During 50% Drawdown, Bitwise Finds
BitcoinFintechbitcoinbitcoin etfBitwiseBTCcrypto adoptioncrypto marketETF-outflowsInstitutional Investors
TLDR: Bitwise found none of 15 institutions cut crypto exposure during the market’s roughly 50% drawdown period. Several institutions increased crypto allocations, while most respondents kept exposure between 1% and 2%. Bitcoin was held by every surveyed crypto investor and was usually their largest and longest-held asset. Farside logged $691.7M of ETF outflows on June [...]
The post Bitcoin ETF Allocators Bought the Dip During 50% Drawdown, Bitwise Finds appeared first on Blockonomi.
Source: Blockonomi →Related News
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