Bitcoin and altcoins have dropped sharply in recent days. $BTC is now trading at around $73,000, while Ethereum, the largest altcoin, is struggling to stay above $2,000.

As further downside risks for $BTC and altcoins are being flagged, CoinShares has published notable survey findings. Conducted by CoinShares Research Director James Butterfill, the survey covered 28 investors who collectively manage approximately $642 billion in assets.

Cryptocurrencies’ Share of Institutional Portfolios Has Grown!

CoinShares’ Digital Asset Fund Managers Survey for October 2026 points to a change in institutional investors’ approach to the cryptocurrency market.

The survey found that the average cryptocurrency allocation in investors’ portfolios rose from 1.2 percent in July to 1.3 percent.

The research found that investors are shifting away from portfolios dominated by stocks and bonds and towards alternative investments, including commodities and cryptocurrencies. A notable feature of this change was a preference for alternative assets over cash.

One of the survey’s most striking findings was a change in the reasons investors gave for investing in cryptocurrencies. Portfolio diversification ranked first, cited in 40% of investment justifications. Diversification has been gaining ground since 2021, while speculation fell to fifth place, accounting for less than 9%. Investors were also more inclined to view cryptocurrencies as a valuable investment opportunity, while customer demand had less influence.

Bitcoin and Ethereum Retain Their Strength!

CoinShares’ survey found that Bitcoin and Ethereum continued to hold central positions in portfolio preferences.

$BTC remained investors’ most preferred asset for growth expectations.

Bitcoin and Ethereum together accounted for 47% of participants’ assets. Among altcoins, preferences shifted towards Sui, NEAR, Aave, Hyperliquid, Uniswap and Chainlink, while sentiment towards Ethereum and Solana improved slightly.

*This is not investment advice.

Source: en.bitcoinsistemi.com. Adapted by NBTC.