Investors consider ETH to be the most attractive cryptocurrency, but are optimistic about ADA, DOT, SOL, LUNA, XRD and XRP

A new survey by digital asset investment firm CoinShares shows that nearly half of investors believe there is one single asset with the highest growth potential right now – and it’s not: Bitcoin. ETH

According to the survey results, 42% of investors consider ETH to be the most attractive cryptocurrency based on potential growth, outperforming Bitcoin by 24 percentage points.

CoinShares says ETH’s managed crypto market share has increased 15 percentage points so far.

“42% of investors believe that ETH has the most attractive growth prospects and a significant return that Bitcoin outperforms at 18%.

This reflects the growth in AUM we’ve seen at Ethereum, with investment products market share increasing from 11% at the beginning of the year to 26% today. “

After Bitcoin, investors say they are most bullish on Cardano (ADA), Polkadot (DOT), Solana (SOL), Terra (LUNA), Radix (XRD) and XRP.

The source: CoinShares

The survey says that around a third of all investors invest in cryptocurrencies for speculative purposes, while a quarter seek to diversify their portfolios.

One of the main reasons that discourages investors from investing in cryptocurrencies is regulatory uncertainty.

“Among the respondents who said they hadn’t invested yet, regulation was cited as the main reason (21%). Restricting companies was the second reason (19%).”

Government bans and regulations are among the main risks, according to a CoinShares survey.

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Annie

According to Dailyhodl