Jefferies' Greed & Fear strategist Christopher Wood has reduced his Bitcoin allocation to zero, according to a Bloomberg report. Wood previously held a 10% allocation to BTC in his portfolio. The strategist has reportedly shifted those funds into gold, citing concerns about the quantum risk to Bitcoin. The development highlights potential concerns among some investors regarding the long-term security and viability of Bitcoin in the face of evolving technological threats.

Jefferies' Greed & Fear strategist Christopher Wood has reduced his Bitcoin allocation to zero, according to a Bloomberg report. Wood previously held a 10% allocation to BTC in his portfolio. The strategist has reportedly shifted those funds into gold, citing concerns about the quantum risk to Bitcoin. The development highlights potential concerns among some investors regarding the long-term security and viability of Bitcoin in the face of evolving technological threats.