November 24, 2024

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Most institutional investors hold or plan to buy cryptocurrencies: Survey

1 min read
Most institutional investors hold or plan to buy cryptocurrencies: Survey

The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by the respondents, 3.3%, or approximately $10.42 billion, is invested in cryptocurrencies. Some surveyed investors reported over 50% exposure to digital assets, but respondents’ median percentage invested in cryptocurrencies stands at about 3%.

The risk-return ratio was the primary consideration when investing in crypto, as 44% of respondents rated this characteristic as “highly important.” Other factors deemed relatively less important were “diversification” and “my company is convinced that the technology will be important in the future.”

Cybercrime and fraud risks along with operational risks follow suit, a major change compared to the results of the survey by Cointelegraph conducted in 2020 when regulatory risks were perceived as the most severe. They are, however, still a significant obstacle, preventing one out of four professional investors from buying Bitcoin, according to the survey’s results.

This article is for information purposes only and represents neither investment advice nor an investment analysis or an invitation to buy or sell financial instruments. Specifically, the document does not serve as a substitute for individual investment or other advice.