![ETH Not BTC Is the Most Held Crypto by Institutional Investors: Bybit Research ETH Not BTC Is the Most Held Crypto by Institutional Investors: Bybit Research](https://digitallifegaming.com/wp-content/uploads/2023/12/5HK2YAN7J5H33GIN32LVKI7S4Y-768x402.jpg)
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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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