According to Eric Balchunas, financial advisers often adopt a conservative approach to Bitcoin exposure due to career risk, prioritizing the protection of client portfolios over aggressive crypto allocations (source: Eric Balchunas on Twitter, May 1, 2025). This tendency means advisers are less likely to recommend significant BTC positions, especially given the high volatility and risk of major drawdowns, directly impacting trading volumes and institutional flows into Bitcoin.

According to Crypto Rover, BlackRock's Global Allocation Fund has significantly increased its Bitcoin exposure in the last quarter, reaching $47.4 million. This move is considered highly bullish for the Bitcoin market as it reflects growing institutional interest and could potentially lead to increased market confidence and price stability. Institutions like BlackRock expanding their crypto portfolios signal a positive outlook for Bitcoin's future performance. (Source: Crypto Rover)