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Institutional Investors Shy Away from Bitcoin and Gold, Reports Show

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Institutional Investors Shy Away from Bitcoin and Gold, Reports Show

According to reports, data tracked by ByteTree Asset Management shows that the number of tokens held by closed-end funds and exchange traded funds (ETFs) focused on spot and futures in Europe, the United States, and Canada decreased by 16560 BTC ($409 million) this month, reaching a 17-month low of 826113 BTC. The decline in fund balances indicates a lack of institutional participation in Bitcoin’s recent rise. The Chief Investment Officer of ByteTree Asset Management said that the global wealth management industry is very light in terms of Bitcoin and gold.

Data: Bitcoin held by the fund has fallen to its lowest level since October 2021

Analysis based on this information:


According to recent data released by ByteTree Asset Management, the number of tokens held by closed-end funds and ETFs focused on spot and futures in Europe, the United States, and Canada decreased by 16560 BTC ($409 million) this month, reaching a 17-month low of 826113 BTC. The decline in fund balances indicates a lack of institutional participation in Bitcoin’s recent rise.

As the world economy continues to shift, it would seem that institutional investors are becoming increasingly hesitant to invest in assets like Bitcoin and gold. The Chief Investment Officer of ByteTree Asset Management shed light on this phenomenon, noting that the global wealth management industry is currently “light” in terms of Bitcoin and gold investments.

Part of the reason for this shift may stem from the fact that Bitcoin and gold are considered to be “inflation hedges” and “flight-to-safety” assets. With the current economic climate being quite uncertain, it is understandable that investors may be hesitant to put their money in these types of investments.

Another possible issue that is deterring institutional investors is the volatility of cryptocurrencies. While Bitcoin has had some explosive growth over the past few years, it has also experienced some dramatic dips in value. In general, institutional investors prefer stable and predictable investments, which cryptocurrencies like Bitcoin may not always provide.

Finally, the lack of regulation surrounding cryptocurrencies may also be playing a role in why institutional investors are hesitant to invest. Governments around the world are still figuring out how to regulate cryptocurrencies, and until there are clearer guidelines, it is likely that investors will continue to be wary.

Overall, the recent data released by ByteTree Asset Management suggests that institutional investors are currently shying away from Bitcoin and gold. While this may change in the future, it is clear that the global economic landscape is shifting in ways that are making investors rethink how they put their money to work.

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