80% Of Institutional Investors Believe Cryptocurrency Would Outperform Traditional Investing in 10 Years.
A recent survey indicated that investors, both retail and institutional, are quite confident on the market’s future as the acceptance of cryptocurrencies grows and digital assets become more widely acknowledged by organizations and enterprises.
According to the first Crypto Pulse survey by crypto exchange Bitstamp, 80% of institutional investors anticipate that crypto as an asset class would eclipse traditional investment vehicles in the next decade.
On the other hand, a far smaller percentage of regular investors, though still a majority of 54%, believe that digital currencies such as Bitcoin (BTC) and Ethereum (ETH) would overtake traditional financial assets.
That said, 71% of investment respondents have said they trusted crypto as an asset class, as opposed to 65% of retail investors. 67% of retail respondents said they believed crypto was a trustworthy investment, compared to 11% who said it was untrustworthy.
Furthermore, according to the survey, 88% of institutional investors and 75% of retail investors anticipate that crypto will achieve universal and mainstream adoption within this time frame.
Surprisingly, this research aligns with Bitstamp’s poll, which found that cryptocurrency use is increasing at a “unprecedented rate.”
Indeed, Bitstamp’s CEO, Julian Sawyer, commented on the survey’s findings, saying:
“The adoption of crypto and other digital assets is advancing at an unprecedented rate. In the last few years, cryptocurrencies have moved from the outskirts of the financial ecosystem to find themselves front and center of mainstream investing, with many of the largest trading venues in the world now catering to both retail and institutional crypto needs.”
Finally, as Sawyer explained:
“We’ve seen interest propel in the years since the pandemic, and crypto is now part of the wider conversation in global macro-economic matters. Our survey shows something we have advocated over a long time: talking about survival of digital assets is firmly over — the question is now about evolution.”
A total of 28,563 individuals from 23 countries across North America, Latin America, Europe, Africa, the Middle East, and Asia-Pacific participated in the study. Senior institutional investment strategy decision-makers made up 5,450 of them, while regular investors made up 23,113. The findings’ complete report is due in the following days.
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.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
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Patrick
CoinCu News
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80% Of Institutional Investors Believe Cryptocurrency Would Outperform Traditional Investing in 10 Years.
A recent survey indicated that investors, both retail and institutional, are quite confident on the market’s future as the acceptance of cryptocurrencies grows and digital assets become more widely acknowledged by organizations and enterprises.
According to the first Crypto Pulse survey by crypto exchange Bitstamp, 80% of institutional investors anticipate that crypto as an asset class would eclipse traditional investment vehicles in the next decade.
On the other hand, a far smaller percentage of regular investors, though still a majority of 54%, believe that digital currencies such as Bitcoin (BTC) and Ethereum (ETH) would overtake traditional financial assets.
That said, 71% of investment respondents have said they trusted crypto as an asset class, as opposed to 65% of retail investors. 67% of retail respondents said they believed crypto was a trustworthy investment, compared to 11% who said it was untrustworthy.
Furthermore, according to the survey, 88% of institutional investors and 75% of retail investors anticipate that crypto will achieve universal and mainstream adoption within this time frame.
Surprisingly, this research aligns with Bitstamp’s poll, which found that cryptocurrency use is increasing at a “unprecedented rate.”
Indeed, Bitstamp’s CEO, Julian Sawyer, commented on the survey’s findings, saying:
“The adoption of crypto and other digital assets is advancing at an unprecedented rate. In the last few years, cryptocurrencies have moved from the outskirts of the financial ecosystem to find themselves front and center of mainstream investing, with many of the largest trading venues in the world now catering to both retail and institutional crypto needs.”
Finally, as Sawyer explained:
“We’ve seen interest propel in the years since the pandemic, and crypto is now part of the wider conversation in global macro-economic matters. Our survey shows something we have advocated over a long time: talking about survival of digital assets is firmly over — the question is now about evolution.”
A total of 28,563 individuals from 23 countries across North America, Latin America, Europe, Africa, the Middle East, and Asia-Pacific participated in the study. Senior institutional investment strategy decision-makers made up 5,450 of them, while regular investors made up 23,113. The findings’ complete report is due in the following days.
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.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Patrick
CoinCu News
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