Posted 2/26/2024, 8:43:00 PM
Institutions Favor Ethereum Over Bitcoin, Retail Remains Bullish on BTC
- Institutions allocating heavily to Ethereum and Bitcoin, while retail is more bullish on Bitcoin
- Institutions favoring Ethereum due to upcoming Dencun upgrade and reducing altcoin positions
- Sentiment has shifted since December when institutions were more bullish on Bitcoin
- Institutions significantly reducing positions in volatile assets like meme coins and AI tokens
- Despite Solana's strong 2023 Q3 performance, institutions and retail have little interest in holding SOL