Crypto Assets
Catch Institutional Attention
As 72%
Show Willingness
To Invest –
Survey Reveals
Crypto Assets Catch Institutional Attention As 72% Show Willingness To Invest
– Survey Reveals
by Ash Tiwari
3 minutes ago
in Crypto News
0
A recent survey by Swiss digital bank Sygnum found that 72% of institutional
investors including family offices, external asset managers, fund
managers, and hedge• Экономика » Финансы » Управление рисками » Хеджирование
• Экономика » Финансы » Производный финансовый инструмент » Хеджирование funds are open to investing in crypto assets.
Institutional Investors Getting Comfortable With Crypto Assets
Conducted at the end of Q3 2024, the Sygnum Future Finance• Экономика » Финансы » Управление рисками » Хеджирование
• Экономика » Финансы » Производный финансовый инструмент » Хеджирование Survey gathered
responses from over 400 institutional and professional investors across 27
countries. Notably, 33% of the respondents were Sygnum clients and investors.
Related Reading: It’s “Still Early” Until Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Hits $500,000 – Bitwise CIO
Explains Why
The survey highlighted an increase in risk appetite among traditional
institutional investors toward digital assets. Over 53% of client portfolios
have allocated more than 10% to digital assets.
63% of respondents expressed a high-risk appetite for digital
assets. Compared to 2023, the proportion of respondents with high or very-high
risk tolerance for crypto assets has grown in 2024.
Additionally, 91% of respondents reported investments in leading blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
projects like Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) and Ethereum (ETH• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum), indicating a preference for
relatively less volatile digital assets.
Among the reasons for investing in crypto assets, 62% of respondents cited
exposure to the future potential of the digital asset megatrend. This was
followed by 52% who aimed for portfolio diversification, 45% who viewed it as
a macro hedge• Экономика » Финансы » Управление рисками » Хеджирование
• Экономика » Финансы » Производный финансовый инструмент » Хеджирование against geopolitical uncertainties and currency debasement, and
38% who sought yield generation.
Interestingly, while 44% of respondents in 2023 viewed crypto as an
alternative asset class, only 31% do so in 2024. This shift hints at the
perceived maturity of digital assets, driven largely by the success of crypto
exchange-traded funds (ETFs).
Majority Investors Want To Increase Digital Assets Exposure
According to the survey, 79% of respondents plan to increase their investments
in crypto assets within the next 12 months. A significant number of
respondents with no current exposure to crypto assets intend to enter the
market within this period, potentially leading to fresh capital inflows by
mid-2025.
Related Reading: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Acquisition Continues: Semler Scientific Increases
Holdings To 1,058 BTC
Interestingly, regulatory uncertainty surrounding cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта is no
longer the primary reason for not investing in this emerging asset class. This
year, 53% of respondents cited asset volatility as a barrier to entry, while
50% pointed to a lack of trust as the main obstacle to crypto investment.
Among specific crypto sectors, 76% of respondents expressed interest in Layer
1 blockchains like Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum. Meanwhile, 55% of clients noted web3
infrastructure largely buoyed by growth in AI and decentralized
physical infrastructure networks (DePIN) as an area of interest,
followed by the Layer 2 ecosystem, which attracted 41% of investors.
Finally, 71% of respondents indicated that the approval of both BTC and ETH
ETFs by the US Securities and Exchange Commission (SEC) significantly boosted
their confidence in crypto investments.
Data from SoSoValue shows that total net assets held across US spot Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
ETFs currently stands at $95.40 billion, while Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum ETFs hold $9.48
billion. Recently, BlackRock’s Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF eclipsed the firm’s gold ETF in
assets under management.
At press time, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin trades at $91,200, up 4% over the past 24 hours. The
total crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта cap currently sits at $3.14 trillion, up 1.7% in the last
24 hours. BTC trades at $91,200 on the hourly chart | Source: BTCUSDT on
TradingView.com
Featured Image from Unsplash.com, Chart from TradingView.com