Bitcoin

This move fits a larger trend of institutional and family-office diversification away from US equities amid valuation concerns and fiscal uncertainty. While not a direct crypto allocation, it reflects a risk-on shift in asset preferences that could indirectly favor digital assets, especially as BTC trades near $77K with 21.6% weekly gains.

The Rausing family, known for their Tetra Pak fortune, sold more than $1 billion of US equities in the second quarter, reducing their $17 billion portfolio.