Financial advisers are mulling a greater allocation to bitcoin in the face of an evolving macroeconomic environment and an expected shock to supply and demand of the asset, according to Bitwise executives.

Advisers interested in crypto have generally considered an allocation between 1% and 5% of a portfolio, Bitwise research analyst Ryan Rasmussen told Blockworks. It has historically been on the lower end of that range as equities and bonds offered appealing opportunities. 

But professional asset allocators are looking to hedge against risks of rising inflation, economic uncertainty and geopolitical conflict, he added — noting that more are viewing it as a “chaos-resilient”…

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