Bitwise Survey: Institutional Investors Maintained Crypto Exposure Despite 50% Market Drop

A Bitwise survey of 15 institutional investors revealed that none reduced their crypto exposure during the market volatility between Q4 2025 and Q2 2026, despite a 50% decline in prices. Crypto allocations in these portfolios typically range from 0.5% to 13%, with most holding between 1% and 2% through ETFs, direct holdings, venture capital, and hedge funds. While Bitcoin remains the primary conviction for all surveyed institutions, Ethereum and Solana face more scrutiny regarding their long-term value and adoption. Investors are increasingly shifting focus toward optimizing investment vehicles and implementing market-neutral strategies rather than questioning the validity of crypto as an asset class.