Institutions Hold Crypto Allocations Despite Market Plunge

A survey conducted by Bitwise found that despite the cryptocurrency market's recent 50% drop, none of the 15 institutions surveyed reduced their crypto allocations.

The survey examined investment behavior during a period when the market had fallen significantly from its peak. According to the findings, these institutional investors maintained their existing crypto allocations despite the sharp correction.

This suggests that even in times of market downturn, some institutional investors are committed to holding onto their digital assets.