Study: Institutions Are More Optimistic About Ethereum in 2H 2023 — BTC and ETH Holdings Soar by 80%

The latest Bybit User Asset Allocation Report shows that the concentration of Bitcoin and Ethereum in institutional digital asset portfolios increased from 50% to 80% between July 2023 and January 2024. During this period, institutions appeared to be more bullish on Ethereum than Bitcoin, which contrasted with the sentiment of retail investors. Stablecoin and (…)