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Bitcoin exposure is rising in cryptocurrency portfolios, driven by more innovation-friendly US crypto regulations and the growing institutional adoption triggered by the introduction of the spot Bitcoin exchange-traded funds (ETFs), according to a new report from Bybit.
Bitcoin (BTC) accounts for around one-third of investor portfolios, or 30.95% of total assets held by investors as of May, up from 25.4% in November 2024.
This makes Bitcoin the largest single asset held by cryptocurrency investors, the report states. Meanwhile, the Ether (ETH) to…
