What Do Institutional Investors Plan to Do After Bitcoin’s Rise? Which Altcoins Are They Interested In? Here’s the Report

Sponsored
Sponsored

As Bitcoin has been experiencing an incredible rise lately, investor interest is also increasing exponentially.

At this point, after the increasing interest and trust in BTC and crypto, especially many institutional investors have started to consider increasing their long-term investments in cryptocurrencies.

According to Coindesk, a Sygnum survey revealed that 57% of institutional investors plan to increase their crypto investments.

A recent survey by Swiss crypto bank Sygnum showed that 57% of institutions plan to increase their crypto investments.

The bank’s annual Future Finance survey was attended by 400 institutional investors from 27 countries.

31% of respondents said they plan to increase their cryptocurrency investments in the next quarter, and 32% within six months.

Sponsored

36% of respondents said they prefer to maintain their existing crypto investments and are likely waiting for more favorable market conditions or clearer signals before increasing their holdings.

The survey results indicated that institutions’ investment focus is particularly concentrated on scalable layer-1 networks and stablecoins such as Bitcoin (BTC) and Solana (SOL).

Sponsored

The majority of institutional investors (81%) added that having a better knowledge of cryptocurrencies would lead them to invest more.

Lucas Schweiger, Director of Digital Asset Research at Sygnum and author of the report, said that clearer regulations globally have increased positive sentiment among institutional investors, adding:

“Perhaps one of the most significant reasons for the increased institutional investor interest is the approval and subsequent launch of spot Bitcoin ETFs in the US. This has the potential to accelerate institutional adoption of digital assets.

“The report also tells a story of progress and calculated risk, the use of a variety of strategies to capitalize on opportunities, and most importantly, the continued belief in the market’s long-term potential to reshape traditional financial markets.”

*This is not investment advice.

Continue Reading: What Do Institutional Investors Plan to Do After Bitcoin’s Rise? Which Altcoins Are They Interested In? Here’s the Report

Go to Source
Author: NixCoin

kryptonew

Share
Published by
kryptonew

Recent Posts

Pi Coin Eyes $0.10, Protocol 27 Upgrade Expected On September 15

Key Highlights Pi Network targets September 15 for the Protocol 27 Mainnet upgrade as testing…

10 hours ago

Ripple Tests Permission Delegation for RLUSD on XRPL

Key Highlights Ripple’s RLUSD team is testing Permission Delegation on the XRPL Devnet, with the…

10 hours ago

Coinbase CEO Links U.S. Crypto Gap to Need for CLARITY Act Passage

AI SummaryShowArmstrong warns U.S. lags G20 crypto regulation, urging Senate to pass CLARITY Act by…

10 hours ago

Sky Beats Major Issuers in Tokenized Funds Market Cap

Key Highlights Sky holds the largest share of the tokenized funds market, with $4.6 billion…

10 hours ago

Galaxy Sees SEC Crypto Proposal as Potential ‘ICO 2.0’ Catalyst

AI SummaryShowSEC’s crypto rule could revive U.S. token fundraising, reshaping capital markets beyond traditional venture…

10 hours ago

Coinkite Updates COLDCARD After Seed Flaw Exposed Bitcoin Wallets

Key Highlights Coinkite released firmware 5.6.1 for Mk4/Mk5 and 1.5.1Q for COLDCARD Q following the…

1 day ago

This website uses cookies.

Read More