XRP Allocations More Common Than Solana Among Institutions: Coinbase, EY

Coinbase study finds over 75% of institutional investors to increase crypto exposure

XRP Allocations More Common Than Solana Among Institutions: Coinbase, EY - Data Intelligence

Institutional investors surveyed by Coinbase and EY-Parthenon were more likely to own XRP than Solana in January, according to a report published by the firms on Tuesday. Bitcoin and Ethereum were widely held by 352 respondents based worldwide, yet 34% of them had allocated to the Ripple Labs-linked token compared to 30% for Solana. Around 25% of institutional investors also owned Dogecoin. Tuesday’s report noted that a majority of institutional…

XRP Allocations More Common Than Solana Among Institutions: Coinbase, EY

Asset managers have filed applications for exchange-traded funds tracking both assets as interest in altcoins has risen.

Coinbase Survey: Majority of Institutions to Increase Crypto Holdings by 2025

In a recent survey, it was found that institutions are preparing to bolster their investments in cryptocurrency. The results indicated a growing trend among institutional investors towards increasing their crypto allocations in the near future. The survey revealed that a significant number of institutions are looking to diversify their portfolios by including digital assets like Bitcoin and Ethereum. This shift in investment strategy highlights …

83% of institutions plan to up crypto allocations in 2025: Coinbase - WorldNL Magazine

Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin (BTC) and Ether (ETH), and a “significant majority” said they plan to boost crypto allocations to 5% or more of their portfolios, the report said. They are moti…