en.bitcoinsistemi.com
In the latest analysis published by crypto financial services company Matrixport, it was stated that Bitcoin is in the process of transforming from a high-risk investment vehicle to a structurally safe asset class more suitable for institutional investors.
Matrixport: Bitcoin Is Evolving into a New Asset Class for Institutional Investors
According to Matrixport, Bitcoin’s ideal role for Wall Street is to use it as a “standalone” investment vehicle with low correlation to traditional assets, in order to diversify portfolios, thus providing protection against market volatility and allowing it to be included in institutional portfolios with peace of mind.
However, the report emphasized that the correlation between Bitcoin and US stocks is still at a high level of 72%, indicating that Bitcoin is still not completely independent of classical markets.
Although this correlation has weakened somewhat recently, this is attributed to Bitcoin lagging behind the S&P 500 while US stock markets have reached record levels.
In contrast, the decline in Bitcoin's volatility is attracting the attention of institutional investors, especially those who are sensitive to risk management.
Matrixport drew attention to Bitcoin's risk profile by saying, “Another criterion that is as important as return for institutional investors is the predictability and stability of the investment.”
As a result, the Matrixport analysis included the following assessment: “The decrease in volatility and the decrease in correlation with the US stock markets make Bitcoin an asset that can be included in institutional investment portfolios. This transformation shows that Bitcoin has evolved from a high-risk speculative instrument to a new generation asset class that is more suitable for institutional balance criteria.”
*This is not investment advice.