Woofun AI Message｜Bitwise Institutional Research: Down 50%, top institutions don’t sell BTC, and some add positions against the trend.
Bitwise interviewed 15 major institutions (donation funds, pension funds, family offices, etc., with total AUM over $9 billion). The research period was 2025.10–2026.4, during which the market saw a drawdown of about 50%.
✅ Key takeaways:
1. All institutions hold BTC and do not sell because of the drop; crypto allocations are mostly only 1%–2% of total assets
2. Institutions view BTC as digital gold; only a few are bullish on targets like ETH and SOL, concerned that execution may fall short of expectations
3. Divergence among institutions: Harvard’s endowment reduced its BTC ETF holdings by 43% in Q1; Abu Dhabi’s state-owned assets fund held steady in Q2
4. The main reason institutions limit adding positions is not the price, but issues related to institutional governance, compliance, and reputation
Bitwise’s view: a large portion of holdings is not publicly disclosed, so actual institutional positions are higher than what statistics show. In the next five years, institutions will likely continue to hold, and they are optimistic about BTC’s long-term store-of-value.
Current BTC price: $84,534
#比特币本周回落至约84600美元
Bitwise interviewed 15 major institutions (donation funds, pension funds, family offices, etc., with total AUM over $9 billion). The research period was 2025.10–2026.4, during which the market saw a drawdown of about 50%.
✅ Key takeaways:
1. All institutions hold BTC and do not sell because of the drop; crypto allocations are mostly only 1%–2% of total assets
2. Institutions view BTC as digital gold; only a few are bullish on targets like ETH and SOL, concerned that execution may fall short of expectations
3. Divergence among institutions: Harvard’s endowment reduced its BTC ETF holdings by 43% in Q1; Abu Dhabi’s state-owned assets fund held steady in Q2
4. The main reason institutions limit adding positions is not the price, but issues related to institutional governance, compliance, and reputation
Bitwise’s view: a large portion of holdings is not publicly disclosed, so actual institutional positions are higher than what statistics show. In the next five years, institutions will likely continue to hold, and they are optimistic about BTC’s long-term store-of-value.
Current BTC price: $84,534
#比特币本周回落至约84600美元
