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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.