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Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed

Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed

CryptoSlateCryptoSlate2025/07/08 14:42
By:Gino Matos

A second-quarter survey of 18 mainstream news outlets logged 1,116 Bitcoin (BTC) stories and measured sentiment at 31% positive, 41% neutral, and 28% negative, according to Bitcoin analysis firm Perception.

The data reveal a significant gap between finance-focused media that cover the market extensively and legacy publications that rarely address it.

Sparse coverage

Perception counted two Bitcoin articles in The Wall Street Journal, 11 in the Financial Times, and 11 in The New York Times. These totals trailed every finance-oriented title in the sample and even lagged mid-tier general outlets. 

Audiences that rely on these newspapers for market intelligence received almost no information on an asset that outperformed broad indexes again in the quarter. The report referred to this mismatch as an “editorial blind-spot risk” because institutional investors may base their portfolio decisions on incomplete information.

High-volume business channels drove the most constructive coverage. Forbes produced 194 Bitcoin stories with a positive-to-negative ratio of roughly 1.8:1. At the same time, CNBC published 141 items at 2.5:1; and Fortune filed 117 pieces that leaned modestly positive.

These outlets focused on adoption metrics, exchange-traded funds (ETFs), treasury allocations, and mining economics, presenting Bitcoin as a viable macro asset rather than a novelty.

Negative framing clustered elsewhere. The Independent ran 45 stories with a 2.3:1 negative tilt, while Fox News and Barron’s delivered smaller volumes but similar skepticism, focusing on crime, cybersecurity breaches, and price volatility. 

Perception grouped coverage into three narrative blocs: enthusiastic adoption (Forbes, CNBC), willful minimalism (WSJ, FT, NYT), and persistent skepticism led by traditional general interest outlets.

Information asymmetry

According to the report, the divergence matters because large-cap digital assets now trade with liquidity comparable to some G-10 currencies, and exchange-listed spot ETFs cleared record volumes during the quarter. 

Asset managers that monitor only the low-volume publications may miss regulatory developments, fund flow data, and corporate treasury moves that the high-volume cohort documents in near real-time.

The report concluded that the coverage split creates both risk and opportunity: risk for institutions that depend on undersupplied channels and opportunity for readers who follow the outlets that closely track market mechanics. 

With sentiment and story counts quantifiable every quarter, portfolio teams can benchmark media exposure against price action and adjust their information sources accordingly.

Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed appeared first on CryptoSlate.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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