Digital Asset Fund Manager Survey
1 min read
The materials on this website or any third-party websites accessed herein are not associated with and have not been reviewed or approved by: (i) Valkyrie Funds LLC dba CoinShares Valkyrie, its products, or the distributor of its products, or (ii) CoinShares Co., its products, or the marketing agent of its products.
Investors reduce weighting in Bitcoin in favour of Ethereum and multi-asset
Bitcoin and Ethereum continue to dominate positioning in investor portfolios, with 79% of survey respondents choosing one or the other.
Digital asset weighting in portfolios have fallen to their lowest level since the survey began (Sept 2021) to just 0.2% of assets under management.
Investors have recently reduced their weighting in Bitcoin in favour of Ethereum and multi-asset investment products.
Client demand has dropped significantly, while diversification and good value as reasons to add to a portfolio have fallen too, implying investors may have capitulated.