Cartwright, one of the UK pension fund giants, Bitcoin (BTC) 
$68,545 increasing interest in cryptocurrency by announcing its acceptance. Cartwright, who manages clients’ funds with ten years of experience, has taken an important step by adopting Bitcoin. The firm is not only adding Bitcoin to its portfolio, but also encouraging other institutional investors to do the same.
Cartwright’s Bitcoin Investment
Cartwright allocated approximately 3% to Bitcoin as a direct investment. The pension fund stated that this step was due to its customers’ demand to support new asset classes.
“Bitcoin offers potential upside opportunities while limiting potential risks.” -Cartwright.
The firm noted that many investors in the UK are looking for new ways to diversify their capital. Cartwright’s executives are guiding their domestic competitors to comply with global standards.
Spot Ethereum ETF
Spot Bitcoin and Ethereum worldwide 
$2,451 The introduction of ETF products has opened new ways to invest in these assets. Although many investment firms have exposure to BTC, Ethereum is lagging behind.
But this should not be interpreted as a clear lack of interest for Ether. Michigan Pension Fund announced its investment in Ethereum ETFs. The fund increased diversification by investing a total of $11 million in Grayscale Ethereum Trust and Grayscale Mini Trust ETFs.
With major banks also entering the Bitcoin and general crypto ETF markets, XRP, Litecoin 
$66 and other crypto ETF products such as Solana are also in the pipeline. With these developments, Cartwright may also consider investing in alternative crypto ETF products in the future.
Cartwright’s Bitcoin investment is the largest by any sovereign investment fund in the world. This step stands out as a pioneering move among UK pension funds.
As a result, Cartwright’s 3% investment in Bitcoin aims to increase the acceptance of cryptocurrencies among institutional investors in the UK. This move, which has a high potential for expansion with Ethereum and other crypto assets, aims to increase the diversity and potential return of retirement funds.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
