Jefferies: The crypto market is still in the "internet 1996 stage," and institutional investors should not only follow BTC.

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Odaily News Jefferies, an American investment bank, stated in a report aimed at large institutional investors that the development stage of Crypto Assets is similar to that of the internet in 1996, still possessing vast growth potential. Analysts pointed out that if the market overly focuses on Bitcoin prices, it may overlook the disruptive potential of Blockchain technology across various industries. Currently, some institutions have begun to position themselves through ETFs and Digital Asset Treasury (DAT) companies. Jefferies recommends that investors learn from the early investment strategies of the internet, emphasizing the enduring utility and selectivity of projects. (CoinDesk)

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