A $41B Investment Firm Seeks Safe Haven in Bitcoin ETFs
US$41 Billion Investment Firm Wants to Stick with Just Bitcoin ETFs as Safer Bet
March 25, 2025 – One of the world's largest investment firms is bucking the trend of diversifying into other cryptocurrencies, opting instead to stick with just bitcoin exchange-traded funds (ETFs) as a safer bet.
According to sources familiar with the matter, the US$41 billion asset management firm, which currently has a significant allocation to bitcoin ETFs, is considering increasing its exposure to the popular cryptocurrency.
The decision comes as the cryptocurrency market has experienced significant volatility in recent months, with many investors opting to diversify their portfolios by investing in other digital assets such as ethereum, litecoin, and others.
However, the investment firm is taking a contrarian approach, citing the stability and liquidity of bitcoin ETFs as a key factor in its decision.
"Bitcoin ETFs are a safer bet for us," said a spokesperson for the investment firm. "They offer a level of stability and liquidity that we can't find in other cryptocurrencies. We're not trying to be trendy or jump on the bandwagon; we're making a calculated decision based on our risk tolerance and investment goals."
The investment firm's decision is a departure from the trend of many institutional investors, who are increasingly diversifying their portfolios by investing in a range of cryptocurrencies.
However, the firm's decision to stick with just bitcoin ETFs is not without its risks. Bitcoin has experienced significant volatility in recent months, with its price falling by over 30% in the past year alone.
Despite these risks, the investment firm is confident in its decision, citing the long-term potential of bitcoin as a store of value and a hedge against inflation.
"We're not in this for the short-term gains," said the spokesperson. "We're looking at the bigger picture and the long-term potential of bitcoin. We believe that it has the potential to be a store of value and a hedge against inflation, and we're willing to take a contrarian approach to get there."