A recent survey conducted by Coinbase and EY-Parthenon revealed a growing interest in cryptocurrencies among institutional investors. The study involved 350 institutional investors, with 86% already involved or planning to invest in digital currencies by 2025.
Popular Cryptocurrencies Among Investors
According to the research, Bitcoin and Ethereum are the most popular cryptocurrencies among investors. XRP is present in 34% of portfolios, while Solana accounts for 30%. This indicates that investors prefer using regulated investment tools such as exchange-traded funds (ETFs) rather than direct asset acquisition.
Investors' Strategies and Expectations
Investors are inclined to allocate up to 5% of their portfolios to cryptocurrencies. About 80% of those surveyed expect positive price movements and believe in the market's long-term viability. Nevertheless, concerns regarding regulatory challenges, market instability, security, and potential manipulation remain prevalent.
Key Takeaways from the Survey
The survey highlights a significant shift in institutional interest towards cryptocurrencies, while reflecting a cautious approach due to existing market uncertainties and a desire for regulated investment avenues. Notably, 62% of investors from the U.S. show an optimistic outlook.
Overall, the survey results indicate a growing interest among institutional investors in cryptocurrencies, accompanied by a desire to choose safe and regulated investment methods.
