According to BlockBeats, Matrixport's recent analysis highlights Wall Street's view of Bitcoin as an ideal "non-correlated asset," useful for hedging against traditional asset volatility and recommended for institutional portfolios. However, Bitcoin's correlation with U.S. stocks remains high at 72%. Despite signs of decoupling, this occurs as U.S. stocks reach new highs, while Bitcoin underperforms compared to the S&P 500.
Bitcoin's decreasing volatility is attracting more institutional interest. For institutions with limited risk appetite, stability is often more crucial than growth, as assets must have controllable risks to be included in portfolios.
The decline in volatility and decoupling from U.S. stocks are enhancing Bitcoin's appeal for institutional allocation. These structural changes are gradually transforming Bitcoin from a high-risk asset into a new asset class that aligns with institutional prudence standards.