Institutions See Bitcoin as Undervalued -- Market Talk

Dow Jones00:37

1237 ET - A Coinbase Institutional survey says that 75% of institutional investors see bitcoin as undervalued as of March of this year. That's up from 71% in December, according to the firm. As the second quarter of the year progresses, the sentiment around bitcoin and cryptocurrency in general appears to be warming up -- although the volatile situation in the Middle East could derail that sentiment at any time. "We are cautiously optimistic that the macro situation has shifted in a positive direction, which could help many crypto assets form a bottom in the near term and recover later in the quarter," says David Duong of Coinbase Institutional in a note. The firm maintains a "neutral" view for 2Q26, with the fate of the conflict in the Middle East being the main driver. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

April 22, 2026 12:37 ET (16:37 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629138026?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-23 00:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629138026","market":"other","top_or_hot":-1,"title":"Institutions See Bitcoin as Undervalued -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1237 ET - A <a href=\"https://laohu8.com/S/COIN\">Coinbase</a> Institutional survey says that 75% of institutional investors see bitcoin as undervalued as of March of this year. That's up from 71% in December, according to the firm. As the second quarter of the year progresses, the sentiment around bitcoin and cryptocurrency in general appears to be warming up -- although the volatile situation in the Middle East could derail that sentiment at any time. \"We are cautiously optimistic that the macro situation has shifted in a positive direction, which could help many crypto assets form a bottom in the near term and recover later in the quarter,\" says David Duong of Coinbase Institutional in a note. The firm maintains a \"neutral\" view for 2Q26, with the fate of the conflict in the Middle East being the main driver. (kirk.maltais@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2026 12:37 ET (16:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Institutions See Bitcoin as Undervalued -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInstitutions See Bitcoin as Undervalued -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-23 00:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1237 ET - A <a href=\"https://laohu8.com/S/COIN\">Coinbase</a> Institutional survey says that 75% of institutional investors see bitcoin as undervalued as of March of this year. That's up from 71% in December, according to the firm. As the second quarter of the year progresses, the sentiment around bitcoin and cryptocurrency in general appears to be warming up -- although the volatile situation in the Middle East could derail that sentiment at any time. \"We are cautiously optimistic that the macro situation has shifted in a positive direction, which could help many crypto assets form a bottom in the near term and recover later in the quarter,\" says David Duong of Coinbase Institutional in a note. The firm maintains a \"neutral\" view for 2Q26, with the fate of the conflict in the Middle East being the main driver. (kirk.maltais@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2026 12:37 ET (16:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629138026","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629138026","pubTimestamp":1776875820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1237 ET - A Coinbase Institutional survey says that 75% of institutional investors see bitcoin as undervalued as of March of this year. That's up from 71% in December, according to the firm. As the second quarter of the year progresses, the sentiment around bitcoin and cryptocurrency in general appears to be warming up -- although the volatile situation in the Middle East could derail that sentiment at any time. \"We are cautiously optimistic that the macro situation has shifted in a positive direction, which could help many crypto assets form a bottom in the near term and recover later in the quarter,\" says David Duong of Coinbase Institutional in a note. The firm maintains a \"neutral\" view for 2Q26, with the fate of the conflict in the Middle East being the main driver. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc.","BITQ":"Bitwise Crypto Industry Innovators ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4601":"加密货币现货ETF","DAPP":"VanEck Digital Transformation ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","STCE":"Schwab Crypto Thematic ETF","BK4594":"比特币ETF概念"},"translate_title":"机构认为比特币被低估——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/a1a8b67f1aba291df0f0128e8eb36865","symbols_score_info":{"STCE":0.7,"GDLC":0.7,"LFGY":0.7,"BITQ":0.7,"DAPP":0.87,"COIN":1.88},"content_text":"1237 ET - A Coinbase Institutional survey says that 75% of institutional investors see bitcoin as undervalued as of March of this year. That's up from 71% in December, according to the firm. As the second quarter of the year progresses, the sentiment around bitcoin and cryptocurrency in general appears to be warming up -- although the volatile situation in the Middle East could derail that sentiment at any time. \"We are cautiously optimistic that the macro situation has shifted in a positive direction, which could help many crypto assets form a bottom in the near term and recover later in the quarter,\" says David Duong of Coinbase Institutional in a note. The firm maintains a \"neutral\" view for 2Q26, with the fate of the conflict in the Middle East being the main driver. (kirk.maltais@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 22, 2026 12:37 ET (16:37 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629138026","isCrawlerRequest":true}