Bitwise Reports Institutional Investors Remain Committed to Crypto Despite Market Drawdown
Bitwise Asset Management released a report detailing how the world's largest institutions have maintained or increased their crypto allocations despite a roughly 50% market drawdown between Q4 2025 and Q2 2026. The study, based on interviews with senior investment professionals at 15 major institutions, found that no institution reduced its allocation during this period, and several added to their positions. Bitcoin was identified as the primary asset of conviction across all surveyed entities. The report highlights growing institutional adoption of crypto assets, particularly through spot ETFs which are seen as lowering operational costs and increasing familiarity with crypto holdings for back-office systems. While current allocations range from 0.5% to 13%, most institutions hold between 1% and 2%. Ethereum and Solana were viewed more speculatively, often tied to specific theses or adoption milestones. Bitwise expects a majority of institutional investors will own crypto within five years, suggesting that current ownership estimates based on public filings may significantly underestimate actual holdings due to deliberate use of non-disclosed investment vehicles.
Topics: Bitcoin crypto adoption Ethereum institutional investors Solana