Survey: Most hedge funds expect bitcoin dominance to continue to rise, counterfeit products season may be delayed

According to a Crypto Insights Group survey of 50 hedge funds with more than $5 billion in assets under management, 70% of respondents expect Bitcoin's dominance in the crypto market to increase further in the next six months, tripling from the same period last year. This trend could delay the arrival of the counterfeit products season. The report notes that the top three factors driving Bitcoin's dominance include:
In the context of increasing macroeconomic uncertainty, Bitcoin has shown strong resilience, attracting more safe-haven funds.
The launch of a bitcoin ETF and the establishment of a strategic bitcoin reserve in the United States have provided a clearer regulatory framework for institutional investors.
Most counterfeit products do not perform well, and investors prefer the more liquid and less risky bitcoin.
Nonetheless, Andy Martinez, CEO of Crypto Insights Group, said the counterfeit products season is not completely over and money is shifting to projects with real revenues, transparent finances, and reasonable token issuance plans.