The approval of Bitcoin spot exchange-traded funds (ETFs) in January brought significant institutional capital to the digital asset market and enhanced the sector’s reputation, according to a new study by digital-assets infrastructure provider Aspen Digital, in collaboration with the Family Office Association of Hong Kong and advisory firm SBI Digital Markets.
Henri Arslanian
Nine Blocks Capital
“Today, if you’re an allocator, you definitely have some element of career risk when allocating to crypto,” Henri Arslanian, co-founder of crypto hedge fund Nine Blocks Capital, told AsianInvestor. “I would argue that this has decreased significantly since the adoption of the Bitcoin ETF.”
The research, which surveyed over 80 family offices, high-net-worth individuals, and asset managers in Asia, indicates that 76% of respondents are currently investing in digital assets, up…