Crypto asset management company Coinshares proposes to allocate 4% of the investment portfolio to Bitcoin

Cryptocurrency asset management company Coinshares released a report analyzing the impact of alternative investment assets Bitcoin on modern investment portfolios. The main points of the report are as follows: 1. Digital assets, especially Bitcoin, show a trend similar to the financialization of commodities; 2. Relatively speaking, the economic cycle has less impact on Bitcoin; 3. Bitcoin has gradually developed into A store of value; 4. The backtest results in the past 5 years show that by allocating up to 10% of Bitcoin in the portfolio, the Sharpe ratio will be significantly improved. Considering the high volatility of Bitcoin, Coinshares proposes to allocate slightly less than 4% to Bitcoin in a traditional 60% stock/40% bond portfolio.