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2020-02-09 20:54:04

Institutional Bitcoin holdings must rise, says 2020 VanEck Report

The 2020 VanEck report says institutional Bitcoin holdings must rise and include more digital assets. VanEck, an investment firm, publishes the famed report annually to give insights into the financial markets. The latest report released on 29th January mentions that institutional Bitcoin holdings must increase to include more BTC in their portfolio as the cryptocurrency has now become a quality asset. Institutional investors should increase BTC allocation to get the advantage of the risk-reward potential represented by the Bitcoin. The report specifically states that in a sixty percent equity and forty percent bonds portfolio, a minor increase in BTC allocation