asset allocation to Bitcoin
Bitwise’s Chief Investment Officer has stated that the practice of allocating only 1% of assets to Bitcoin is no longer viable. This marks a significant shift in investment strategy regarding cryptocurrency. The CIO emphasized that the previous conservative approach to Bitcoin investment is outdated. As the cryptocurrency market evolves, investors may need to reconsider their asset allocation strategies to remain competitive. The statement reflects a growing recognition of Bitcoin’s potential role in diversified portfolios.
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