CoinShares: Institutions boost BTC holdings as crypto sentiment improves

Institutional investors are increasing their allocation to Bitcoin as overall crypto investment sentiment improves, Cointelegraph reported, citing a report from crypto asset manager CoinShares. According to a CoinShares survey of 26 institutional investors conducted in April, approximately 32% of respondents were invested in Bitcoin, while 25% held Ethereum. The report noted that Bitcoin still holds the most promising growth prospects, adding that investment sentiment for Ethereum and Solana has also seen a slight improvement from the previous quarter. The firm stated that institutions are increasing their crypto allocations amid improving market sentiment, the growing adoption of ETFs, and a more favorable regulatory environment. The primary barriers to broader adoption were identified as internal constraints and regulatory uncertainty.