Bitcoin ETFs in the US drive higher crypto allocations among institutional investors
Summary
Institutional investors increased crypto exposure to 3% in Q1 2022, attributing it to distributed ledger technology and perceiving digital assets as offering good value and diversification. Bitcoin is the most favored asset, followed by Ethereum, while Solana saw a surge in allocation. Regulatory concerns and volatility remain key barriers for investors. Notably, XRP holdings declined.
