Galaxy Digital’s on-chain crypto portfolio valued at $921 million as of mid-2024 shows pronounced concentration in market-leading assets. Bitcoin commands the largest allocation at $600 million—representing 65% of total holdings—underscoring institutional preference for the flagship cryptocurrency’s liquidity and market position.
Ethereum constitutes the second-largest asset with $200 million (22% of the portfolio), while other cryptocurrencies collectively comprise the remaining $121 million (13%). This strategic weighting results in near 87% combined allocation to Bitcoin and Ethereum, signaling strong institutional conviction in these established assets.
The allocation strategy emphasizes Bitcoin’s institutional appeal through its market leadership and deep liquidity, while maintaining measured exposure to emerging digital assets. This balanced approach reflects institutional methodologies prioritizing core holdings alongside select diversification within cryptocurrency markets.