Large organizations are pouring capital into Bitcoin, but fund managers remain cautious

Despite the cryptocurrency market experiencing a slight correction, with Bitcoin prices maintaining at $115,000, large organizations and global funds are significantly increasing their Bitcoin holdings through funds #ETFspot .

Capital flow from Wall Street

Reports submitted to the SEC show that major names like Brevan Howard, Goldman Sachs, Harvard, Wells Fargo, Jane Street, and even Norway's sovereign wealth fund have all increased their positions.

Brevan Howard nearly doubled its IBIT holdings to $2.6 billion.

Goldman Sachs reported holdings of $3.3 billion through IBIT and FBTC.

Harvard University announced ownership of $1.9 billion in IBIT.

Trading giant Jane Street now holds $1.46 billion in IBIT, becoming their largest position after Tesla.

The contrast between organizations and fund managers

Although organizations are pouring billions into cryptocurrency, a Bank of America survey shows that professional fund managers in the U.S. have not allocated much capital to this sector. On average, they only allocate 0.3% of their portfolios to crypto, and 75% of them don't have any at all.

However, this is a positive sign. The participation of big names is helping #bitcoin become a recognized asset, laying the groundwork for fund managers to feel safer introducing crypto to their clients. Widespread acceptance from the traditional financial sector is just a matter of time, signaling a significant growth wave ahead. #anh_ba_cong