The vast majority of institutional investors are investing in Krypto until 2026
The vast majority of institutional investors are investing in Krypto until 2026
- The survey showed that the acceptance rate in Asia is 71 percent, followed by Europe with 56 percent and the USA with 33 percent.
- nine out of ten institutes surveyed admitted that they find the high potential upwards and the low correlation of crypto with other assets.
The latest cryptoma market was dominated by institutional investors, many of which use inflation against inflation on the asset class. It was recently reported that Microstrategy bought more bitcoins to increase its overall portfolio to 100,000 BTC. According to a Current report , institutional investors will continue to join the cryptom market, whereby many of them are expected to come on board.
Based on the results of the survey published by Fidelity Digital Digital Digital Digital, 70 percent of institutional investors plan to buy or invest in digital assets in the near future, while 90 percent of them are planning to enter the cryptom market by 2026. The survey was carried out blindly and takes into account the views of 1,100 institutional investors in the USA, Asia and Europe.
It was shown that 52 percent of the institutes surveyed are currently investing in digital assets. The survey also showed that institutional investors in Asia have considerable engagement in cryptocurrencies compared to investors in the other regions, although those in Europe and the USA quickly catch up. The acceptance rate in Asia is currently 71 percent, followed by Europe (56 percent) and the USA (33 percent).
The reason for the growing crypto interest among the institutes was associated with fiscal and monetary policy measures. Tom Jessop, the President of Fidelity Digital Asset, said:
the pandemic-and in response to fiscal and monetary policy measures-were a catalyst for many institutional investors to define and operationalize their asset.
institutional investors agree that Bitcoin should be part of the portfolio
The increasing interest in cryptocurrencies shows that institutions have developed a deeper understanding of the investment class and "have made progress in the three-phase journey from education for adoption".
In addition, nine out of ten interviewed institutes admitted that they find the high upward potential and the low correlation of crypto with other assets.
It was also announced that 8 out of 10 institutions agree that Bitcoin should be part of their portfolio. Although this view is largely shared in Asia, more than three quarters of the institutions in Europe share the same opinion, compared to two thirds in the previous year. In the United States, 69 percent of the institutes surveyed share this opinion, an increase compared to 64 percent in the previous year.
With increasing acceptance, 63 percent of institutional investors are looking for depot banks who offer electronic trade, while 56 percent are looking for a custodian bank that offers market data and analyzes, with US investors making the most calls.
The main concerns that hinder the introduction are the price volatility, market manipulation problems and the lack of fundamental data to measure the value. Compared to the previous year, fewer concerns about complexity and market infrastructures were expressed.
Source: Crypto-news-flash.com
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