Bitwise survey: 15 largest institutions still hold Bitcoin continuously even though market price drops to 50%

Bitwise revealed a survey of 15 major institutional investors, finding that even though the crypto market has drastically declined to the point where its value has more than halved, these institutions are still holding Bitcoin as key assets in port without any plans to reduce their ownership ratios.

Results from asset management firm Bitwise Asset Management indicate a stable sentiment among the top institutional investors for digital assets, even as market conditions are experiencing high volatility and prices have fallen by about 50% since their peak. However, all 15 survey respondents still view Bitcoin as the core of long-term portfolio management and do not adjust to lower investment positions.

This data reflects the institution's confidence in Bitcoin as a store of value asset rather than just an asset for short-term profit, which is considered to be a notable signal for the crypto market overall.

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