Bitcoin losing trillions in value hasn't stopped traditional giants' interest in digital assets sector

At the iConnections conference in Miami this week, allocators signaled digital assets are now a core sleeve in alternatives. What to know : Institutional interest in digital assets remains hot with this year's iConnections conference hosting more than 75 digital asset funds and about 750 meetings between managers and allocators. Nearly a quarter of limited partners on the iConnections platform now express interest in digital asset strategies, data shows, signaling that crypto has become a mainstream sleeve within alternative investments, led by family offices. While bitcoin is seen as having achieved institutional legitimacy, broader adoption of altcoins remains constrained by regulatory uncertainty, iConnections CEO Ron Biscardi said.