Digital Asset Fund Manager Survey - Feb 24

Investors continue to prefer Bitcoin and Ethereum, allocations rise to year high

• 75% of all respondents believe Bitcoin and Ethereum have the most compelling growth outlook.

• Digital assets weighting in portfolios rose from 0.4% of the average respondent portfolio to 1.3%, indicating an increasing allocation to digital assets and representing the highest level since Q1 2023.

• While regulatory concerns remain top of the risks list, it continues to fall, with the combination of a government ban and regulation having fallen from 63% six months ago to 50% today.

• A rising number of investors have shifted away from believing the FED has made an outright policy error to being unsure.