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<p>In the dynamic landscape of crypto, institutional and retail investors are constantly reassessing their asset allocation strategies. A recent report from Bybit reveals an interesting trend ! A decrease in exposure to stablecoins in favor of increased interest in major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).</p>
<h2 id="h-bitcoin-is-gaining-ground-against-stablecoins">Bitcoin is gaining ground against stablecoins!</h2>
<p>According to the Bybit report covering the period from December 2023 to May 2024, BTC remains the most held asset by users. It represents 26% of the total assets of users on the crypto platform. This preference for Bitcoin underscores its role as a <a href="https://www.cointribune.com/en/bitcoin-defies-trends-here-are-the-big-secrets-revealed/" target="_blank" rel="noopener noreferrer nofollow">cornerstone in cryptocurrency investment plans</a>.</p>
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<p>Furthermore, the share of stablecoins in the total assets has almost been halved. They went from 50.2% in December 2023 to 42.8% in May 2024. This pivot away from stablecoins suggests growing confidence in more volatile crypto assets as major components of investment portfolios.</p>
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<h2 id="h-crypto-investors-are-positioning-themselves-on-safe-values">Crypto investors are positioning themselves on safe values</h2>
<p>The report highlights notable differences between institutional and retail investment trends. Institutions are more focused on Bitcoin and Ethereum, perceived as large-scale assets. In May, institutional positions in BTC and ETH were concentrated at 38.9% and 20.3%, respectively. On the other hand, retail traders <a href="https://learn.bybit.com/crypto-insights/asset-allocation-q2-2024/" target="_blank" rel="noopener noreferrer nofollow">show a preference for BTC</a> over ETH, though less pronounced than that of institutions.</p>
<p>The move away from stablecoins and towards more established cryptocurrencies like Bitcoin represents growing confidence in the ecosystem. Traders are beginning to value cryptos both as safe-haven assets and growth assets, depending on market conditions. This indicates a growing maturity of the crypto market, where institutional and retail investors increasingly recognize <a href="https://www.cointribune.com/en/bitcoin-aiming-for-90000-prepare-for-the-rally/" target="_blank" rel="noopener noreferrer nofollow">the long-term potential</a> of these digital assets beyond their short-term volatility.</p>

Bybit Report: Bitcoin Crushes Stablecoins!

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