Latest News

Amid the crypto winter, institutional investors increases their crypto holdings

According to a poll of institutional investors, their holdings of cryptocurrencies have grown over the past year despite the industry experiencing a protracted crypto winter.

According to a survey sponsored by Coinbase and issued on November 22 and performed between September 21 and October 27, 62% of institutional investors with cryptocurrency holdings have boosted their allocations in the last year.

Comparatively, only 12% had reduced their crypto exposure, suggesting that even while prices are falling, most institutional investors may be bullish on digital assets in the long run.

With the study, more than half of investors indicated they were now using or intended to employ a buy-and-hold strategy for cryptocurrencies in the expectation that values would remain stable and range-bound during the ensuing 12 months.

Additionally, 58% of respondents indicated they planned to raise the proportion of cryptocurrencies in their portfolio over the next three years, and almost half “strongly agreed” that long-term crypto prices will rise.

Regulatory uncertainty, as has previously been widely reported, was once again the element that most investors were concerned about when deciding whether to invest in cryptocurrencies, especially among those planning to do so in the next 12 months, where 64% expressed reservations.

140 American-based institutional investors with a combined $2.6 trillion in assets under management made up the representative sample of the Coinbase survey. Business-to-business publisher Institutional Investor’s Custom Research Lab carried out the survey.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.