Bitwise: Institutions hold Bitcoin through 50% market drop, consider reducing ETH and SOL

🚨 No institution among 15 surveyed by Bitwise reduced its $BTC holdings after a 50% market decline. 📉 Institutional allocations mainly favored Bitcoin as the largest, longest-held asset with some increasing their stakes. 📊 Cautious approach persists toward $ETH and SOL, with investors eyeing critical network growth before committing longer-term. ⏳ Banks boosted their spot Bitcoin ETF exposure as hedge funds and brokerages reduced positions. Continue Reading:Bitwise: Institutions hold Bitcoin through 50% market drop, consider reducing ETH and SOL The post Bitwise: Institutions hold Bitcoin through 50% market drop, consider reducing ETH and SOL appeared first on COINTURK NEWS.