According to Deep Tide TechFlow, on May 16, Bitwise Chief Investment Officer Matt Hougan suggested that institutional investors increase their cryptocurrency allocation from 1% to 5%. CoinShares research shows that the average weight of digital assets in institutional portfolios has risen to 1.8%, with an average allocation of 2.5%. Strategy CEO Michael Saylor holds $58 billion in Bitcoin, influencing many companies to follow suit. Jay Jacobs, head of U.S. ETFs at BlackRock, pointed out that macroeconomic uncertainty has made Bitcoin an alternative to stocks and bonds.

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