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ETH Not BTC Is the Most Held Crypto by Institutional Investors: Bybit Research

Institutions have increased their portfolio concentration in bitcoin and ether to 80%, with a significant bet on ether due to the anticipated Dencun upgrade, according to Bybit’s report, which surveyed traders with assets in the exchange. Meanwhile, retail users have a lower concentration in these assets and a higher tilt towards altcoins, the report added.

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