April 28, 2024

About 70% of institutions are ready to invest in cryptocurrency

Before the decline of the cryptocurrency market in April of this year, about 70% of the polled institutional investors planned to buy cryptoactive assets.

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In addition, more than 50% of 1100 investors,The requested Coalition Greenwich on the request of Fidelit Digital Assets, a cryptographic division of the American giant of the borrowed funds Fidelit Investments, announced that they were preparing for the launch of the

One from April, when several cryptoassetsreached record highs, bitcoin (BTC) reduced its currency by 54%, and Ethereum (ETH) - by 60%. In addition, in the last months there has been a significant outflow of products for investments in digital assets.

At the same time, we know what it is about theselarge investors buy cryptocurrency, the main type of bitcoin. Moreover, the admirable volatility does not frighten off new investors at all, since they set ahead of their long-term goals.

Along with the dark in large companies, which consider the entrance to the crypto space, there are opacities in the manipulation of the market and the tough regulation of the cultivation.

“At the front of the introduction there is a largeCompetition preoccupation, especially from government CBDCs, said Sussex Partners Chief Investment Officer Jim Hoymann. "If the USA, China or someone else moves to the digital yen or the digital dollar of the USA, that will change the rules of the game."

According to him, the resident from Asia is the mostfirmly convinced that digital assets will become an important part of the institutional portfolio. In Europe, 77% of investors said that cryptocurrencies deserve a place in their portfolios, while in the USA 69% of investors said that digital assets are important.

In addition, Hoyman added what was bestProgressive, young, tech-savvy customers pay more attention to the new class of

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