The survey reportedly asked institutional investors and wealth managers from the U.S., U.K., France, Germany, and the UAE who currently have exposure to cryptocurrencies and digital assets about their crypto investment strategies. It was conducted between May and June.
According to the results, 82% of respondents expect to increase their crypto exposure between now and 2023.
40% said they will dramatically increase their crypto holdings, 7% said they would reduce their exposure, and 1% said they would sell their entire holdings of crypto assets.
Responding to the question about their future crypto investment plans, 58% of respondents said that the main reason for investing is long-term capital growth prospects. Meanwhile, 38% said confidence in the asset class, and 37% said more leading corporates and fund managers investing in crypto assets. Moreover, 34% said an improved regulatory environment will be a key factor in increasing their crypto allocations.
more reading source:https://news.bitcoin.com/82-institutional-investors-increase-cryptocurrency-exposure/
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