The trend of institutional Bitcoin adoption has gained momentum with UK pension fund Cartwright now stepping into the space.
Known for its experience in fund management, Cartwright’s move to integrate Bitcoin into its portfolio signals a new level of credibility for digital assets. Not only has Cartwright invested, but it is also encouraging other UK institutions to consider similar steps.
According to Corporate-Adviser, Cartwright has allocated about 3% of its holdings to Bitcoin, responding to client demand for innovative asset options.
This allocation reflects a balance of high growth potential with a controlled risk approach. Cartwright’s leadership has even urged fellow UK investment firms to align with global investment trends, further showcasing its commitment to this shift.
Bitcoin writer Daniel Batten noted that Cartwright’s 3% allocation surpasses that of Wisconsin Investment Board by a significant margin, positioning it as the largest such commitment from a Sovereign Wealth Fund globally.
With spot Bitcoin and Ethereum ETFs becoming more accessible, digital asset investments are broadening. Recently, the Michigan Pension Fund announced an $11 million investment in Ethereum ETFs through Grayscale, highlighting a growing interest in altcoins. XRP, Litecoin, and Solana ETFs are also in development, paving the way for future diversification options that Cartwright and others may explore.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.