CryptoNews: According to a survey conducted by CoinShares among prominent asset managers, Bitcoin $BTC has the most promising growth outlook of all cryptocurrencies. 🚀
still occupies the greatest allocation in their portfolios. 43% of the 51 investors who took part said that Bitcoin had a higher upside potential than Ether.
Family offices, institutions and wealth managers, however, are feeling the effects of the US Securities and Exchange Commission's tough attitude against the still-emerging sector as they grow increasingly concerned that stricter regulation, and perhaps an outright ban, could pose significant risks to crypto’s future.
According to CoinShares data, the weighting provided to digital assets inside portfolios has significantly decreased, falling from 1.8% in April to 0.7% by the end of June., which submitted a proposal to start an exchange-traded fund for spot Bitcoin back in June, may have been the trigger that calmed investors’ fears.
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