The Sygnum Bank study included respondents from banks, hedge funds, family offices, asset managers and similar organizations with more than ten years of professional experience in financial investing.
“The research results highlight the growing interest of institutional investors in high-risk investments in digital assets and demonstrate growing confidence in the prospects for the development of the crypto industry,” Sygnum Bank said.
Sygnum Bank experts said that almost 65% of respondents have an optimistic view of the long-term prospects for the development of the cryptocurrency market. At the same time, about 63% plan to invest in cryptocurrency in the next six months.
In addition, 57% of respondents said they could change their attitude towards crypto investments and take a more optimistic stance within a year. Representatives of this group noted that a change of views may be influenced by the growth rate of the cryptocurrency industry and real changes in the field of crypto regulation.
More than half of Sygnum Future Finance respondents reported holding about 10% of their investment portfolios in cryptocurrency. Of these, 46% intend to increase investments, and 36% are waiting for optimal entry points.
The view that digital assets can offer higher returns than traditional investments was shared by almost 30% of Sygnum’s Future Finance respondents.
Earlier, the UK government announced its readiness to adopt new rules for cryptocurrency regulation in order to prevent national companies from succumbing to the temptation to move to the United States amid a possible change in American policy towards cryptocurrencies.
Source: Bits
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