According to a survey of analysts from Nickel Digital Asset Management, 62% of institutional investors plan to invest in cryptocurrencies in the long term.
62% of non-crypto institutional investors said they plan to invest for the first time next year. This information was obtained by Nickel Digital Asset Management analysts during a survey. 100 organizations participated in the online survey. Among them are investors who manage assets from the USA, Great Britain, France, Germany and the United Arab Emirates.
The main reason for such investments is the potential capital increase. This factor was mentioned by 47% of the respondents. 44% of respondents noted the growing trust in cryptocurrencies among corporations. Before that, 41% of respondents were stopped by the ambiguity of the regulatory and legal framework, now this situation has improved.
“There is no doubt that the crypto asset market is becoming increasingly popular in the institutional and wealth management sectors,” said Henry Howell, head of business development at Nickel. According to the executive director, the implementation is due to stable market indicators during the Covid-19 period, active investment by large corporations and an improvement in the infrastructure of the industry as a whole.
In a previous study conducted between May and June 2021, only 40% of investors planned to start investing in cryptocurrencies.
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