Bybit report: BTC's share in crypto investor portfolios grows from 25.4% to 30.9%

The share of Bitcoin (BTC) in crypto investor portfolios has grown as institutions have increased their BTC investments following the launch of spot BTC ETFs, Cointelegraph reported, citing a recent report by Bybit. As of May, BTC accounted for roughly 30.9% of crypto investor portfolios, up from 25.4% in November last year. According to the report, the number of corporations adding BTC as a treasury asset has also increased this month. Data from BitcoinTreasuries.NET shows that there are now more than 244 companies holding BTC on their balance sheets, almost doubling from 124 firms a few weeks ago.