Fidelity Digital Assets believes that institutional investors can no longer ignore Bitcoin allocation and points out that there must be a compelling reason not to hold Bitcoin today. The company emphasized in a new report Bitcoin's excellent historical performance and strong risk-adjusted returns, noting that even allocating just 1-3% to Bitcoin can significantly improve the Sharpe ratio and Sortino ratio of a traditional 60/40 portfolio. The report views Bitcoin as a low-correlation complementary asset to traditional asset classes, especially as long-term bullish factors for bonds and stocks are being questioned, making Bitcoin's value particularly prominent.