Institutional Investors May Shift Towards Equity Portfolios Over Cryptocurrency

IconCryptoNewsTerminal Staff08 Aug, 2024

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Institutional Investors May Shift Towards Equity Portfolios Over Cryptocurrency

Institutional investors may prioritize traditional equity portfolios over cryptocurrency investments in the near future, according to Ryan Rasmussen, an analyst at crypto asset manager Bitwise Research. In an interview with CNBC, Rasmussen explained that the recent market volatility has made some institutional investors hesitant to allocate funds to cryptocurrencies. Instead, they are likely to focus on more stable assets such as stocks and bonds.