Bitwise: Institutions hold Bitcoin through 50% market drop, consider reducing ETH and SOL
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🚨 No institution among 15 surveyed by Bitwise reduced its $BTC holdings after a 50% market decline.
📉 Institutional allocations mainly favored Bitcoin as the largest, longest-held asset with some increasing their stakes.
📊 Cautious approach persists toward $ETH and SOL, with investors eyeing critical network growth before committing longer-term.
⏳ Banks boosted their spot Bitcoin ETF exposure as hedge funds and brokerages reduced positions.
Continue Reading:Bitwise: Institutions hold Bitcoin through 50% market drop, consider reducing ETH and SOL
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