According to CryptoPotato, traditional finance firms in the United States are increasingly incorporating crypto into their portfolios. This trend is evident in the growing allocation to crypto investment products. Two U.S. investment advisors, Legacy Wealth Asset Management and United Capital Management, based in Minnesota and Kansas respectively, have allocated 6% and 5% of their portfolios to the Fidelity Wise Origin Bitcoin Fund (FBTC). These asset management firms have each invested over $20 million into FBTC, surpassing the $17 million that a competitor invested into BlackRock’s ETF, IBIT. Bloomberg ETF analyst Eric Balchunas referred to these allocations as a 'new high water mark' for investment into Bitcoin ETFs. He also suggested that this trend could be a concern for skeptics, but a positive sign for those hoping for long-term adoption. Balchunas also noted that this trend is likely to continue, with potentially 500-1000 firms reporting similar holdings in the coming weeks. He also highlighted that this is just one reporting season, with four in a year. The $40.8 million investment in FBTC has boosted spot Bitcoin ETF inflows, offsetting outflows from the previous week. Data from CoinGlass shows that the funds experienced an outflow streak for four consecutive trading days last week, with inflows only recorded on Friday. On Monday, the spot Bitcoin ETF market recorded inflows of $62.2 million, with FBTC seeing the highest of more than $34.8 million. In related news, the Stanford Blyth Fund, a student-run investment fund, allocated an even higher portion of its portfolio to Bitcoin, with a 7% allocation following a Bitcoin purchase.