A recent study by financial services firm Charles Schwab highlights the remarkable growing acceptance of Bitcoin (BTC) and cryptocurrencies as viable asset classes for investment portfolios on Wall Street. This includes bonds and debentures.
The survey of 2,000 investors found that exchange-traded funds (ETFs) based on crypto assets It ranks second in investment preference, with 45% of investors supporting it..
This is the same percentage we plan to allocate to bonds or fixed income ETFs, a category traditionally seen as a pillar of stability and diversification in portfolio management.
You can see all this data in the graph below.
Changing your perception of Bitcoin
This nexus of investment plans highlights a major shift in perception. indicates that BTC and cryptocurrencies are no longer considered just niche or highly speculative investments For a significant portion of ETF investors.
Instead, the cryptocurrency sector is establishing itself as a leading option for capital allocation. perhaps a tendency to react to it Pursuit of high returns and diversification with low correlation to traditional assets.
Eric Balchunas, ETF specialist at Bloomberg Intelligence, called the results “pretty impressive.” Especially when you consider that “cryptocurrencies account for only 1% of total ETF assets under management, compared to 17% for bonds.”
BTC and crypto ETFs were surpassed in popularity only by US stock ETFs, which received 52% of investment intent.
This distribution shows that Although they have strong confidence in the US stock market, they also have a strong interest in Bitcoin and virtual currencies. As a regulated exhibition vehicle.
This scenario is consistent with the success the Spot Bitcoin ETF has had since its launch in January 2024, as reported by CriptoNoticias.
Strong performance and favorable regulations have encouraged the filing of new investment vehicles based on digital assets in the United States. Among them, the interest generated by the recent ETF debuts of other cryptocurrencies stands out. This is exactly what happened last week with Solana (SOL).
