On May 16, according to DLnews, Matt Hougan, chief investment officer of Bitwise, said that institutional investors’ interest in cryptocurrencies is at a high level, and it is recommended to increase the proportion of cryptocurrency allocation in the portfolio from the traditional 1% to 5%. According to the latest research by CoinShares, the average weight of digital assets in institutional portfolios has risen to 1.8%, and the average allocation of institutional investors has reached 2.5%, a new high in a year. This trend was influenced by Michael Saylor, CEO of Strategy, whose company holds $58 billion in bitcoin, prompting several companies to follow suit. Jay Jacobs, head of U.S. ETFs at BlackRock, noted that investors are increasingly looking at Bitcoin as an alternative to stocks and bonds due to macroeconomic uncertainty.
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