Bitcoin: Wall Street Still Sees BTC as a High-Risk Tech Bet

Bitcoin is often presented as "digital gold." In institutional portfolios, its classification is sometimes quite different. A Bitwise survey conducted among 15 major institutions shows that several still place their crypto investments in pockets dedicated to technology, innovation, or venture capital. Yet Bitcoin remains the common asset among all respondents exposed to cryptocurrencies. Allocations range from 0.5% to 13% of investable assets,…