Institutional crypto interest rebounds even as Bitcoin (BTC) falls 25%
Despite Bitcoin's 25% drop this year, institutional interest in digital assets is rebounding, signaling crypto's establishment as a core alternative sleeve.Summary
According to Ron Biscardi, CEO of iConnections, institutional interest in digital assets is showing a significant rebound, even as Bitcoin's price has fallen nearly 25% since the start of the year. Data from iConnections conferences indicates that nearly a quarter of limited partners on their platform now express interest in digital asset strategies, suggesting crypto is becoming an established part of alternative investments rather than a fringe allocation, with family offices leading the interest. While some traditional wealth managers face pressure to offer digital assets to clients, the primary hurdle for large allocators remains the lack of a clear, safe regulatory framework, as they act as fiduciaries. However, the tone has shifted away from questioning crypto's legitimacy, with even conservative endowments allocating measured exposure via ETFs. Institutions currently treat Bitcoin more as a risk asset correlated with equities than a store of value, preferring regulated products like ETFs over direct token buying.
(Source：CoinDesk)