News

25% of Firms Empower Leaders for Digital Asset Endeavors

Key Points:

  • A quarter of US and European investment firms appoint senior managers for digital asset strategies, highlighting a seismic industry shift.
  • 24% of asset managers have already adopted crypto strategies, with an additional 13% planning to dive in within two years.
  • Expect a surge in innovative investment products as managers prioritize digital asset investment and trading strategies.
A quarter of asset management firms and hedge funds in the United States and Europe have taken bold steps to integrate digital asset strategies.

This remarkable shift is revealed in a recent report published by intelligence firm Amberdata Market Newspaper, shedding light on the evolving landscape of investment practices.

According to the report, precisely 24% of asset management firms have already embraced digital asset strategies, recognizing the potential of this emerging asset class. Furthermore, 13% of these firms are actively planning to deepen their involvement in the digital asset space within the next two years. This data underscores the growing momentum behind crypto adoption within the investment sector.

The report’s insights were derived from a comprehensive survey that canvassed the perspectives of 60 investment professionals hailing from the United States, the United Kingdom, and Europe. The respondents encompassed a diverse group, including asset managers, hedge funds, and other investment professionals.

Interestingly, nearly half (48%) of the survey participants confirmed that they have already incorporated crypto into their company’s investment portfolios. This reflects a broader recognition of the value and potential returns that digital assets can offer, even among traditional financial institutions.

Amberdata’s research also offers a glimpse into the future, predicting that investment managers will increasingly prioritize digital asset investment and trading strategies. This anticipated emphasis is expected to manifest in the development of innovative investment products that leverage the unique qualities of digital assets.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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