VanEck, a prominent asset manager with $89.5 billion under management, recommends a strategic approach to Bitcoin (CRYPTO:BTC) investment despite recent market pressures.

Head of digital assets research Matthew Sigel advises clients to consider a 6% allocation to Bitcoin and Ethereum (CRYPTO:ETH) in diversified portfolios.

He cites recent government BTC sales and Mt. Gox trustee distributions as current market influencers, highlighting the need for cautious optimism amid evolving macroeconomic conditions.

Sigel underscores Bitcoin's resilience and potential for growth, emphasizing a disciplined investment strategy amidst ongoing global adoption trends.