Exchanges· ★★★· bullish·

Coinbase Asset Management president: pensions still slow on direct bitcoin allocation

  • —30% of surveyed advisers recommend 1–5% bitcoin allocations to clients
  • —That compares with 20% a year ago and near zero three years ago
  • —Middle East sovereign funds hold hundreds of millions to billions in bitcoin via ETFs
  • —Coinbase Asset Management expects bitcoin above $300,000 by 2030
Why it matters: Institutional flows through ETFs and adviser channels are a key driver of bitcoin demand this cycle.
#BTC
Source: TokenPost
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