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Institutional investors set sights on expanding crypto portfolios in the coming year
Invest
Institutional investors set sights on expanding crypto portfolios in the coming year
New research from London-based Nickel Digital Asset Management, a leading regulated digital assets hedge fund manager, indicates a significant positive shift in institutional investors' attitudes towards cryptocurrency investments in both the short and long term.
Institutional investors set sights on expanding crypto portfolios in the coming year
New research from London-based Nickel Digital Asset Management, a leading regulated digital assets hedge fund manager, indicates a significant positive shift in institutional investors' attitudes towards cryptocurrency investments in both the short and long term.
The findings highlight that nearly three out of four institutional investors and wealth managers who already hold digital assets are planning to increase their investments within the year.
The survey included professional investors from the US, UK, Germany, Switzerland, Singapore, Brazil, and the United Arab Emirates, who manage approximately $816 billion in assets collectively. It found that 74% of participants are intending to boost their digital asset allocations, with 13% of those investors planning a dramatic increase. This marks a notable shift from the previous 12 months, during which a little over half (52%) upped their investments in the sector, while 38% reduced or completely exited their crypto market positions.
The turnaround in investment sentiment can be attributed to the robust performance of the digital asset sector over the past year, alongside new research by Nickel Digital. Approximately 87% of those surveyed expressed that the current investment opportunities in digital assets appear attractive, with 20% considering them very attractive. Looking ahead, the long-term perspective is even more favorable, with 92% finding investment opportunities in the sector attractive over the next five years, including 41% who see them as very attractive.
The study also explores predictions on which institutional sectors are most likely to increase digital asset investments in the next three years. Sovereign wealth funds and pension funds topped the list as the most likely, followed by family offices, wealth managers, and hedge funds.
Anatoly Crachilov, CEO and Founding Partner at Nickel Digital, commented on the findings. "The robust performance of the sector, coupled with the SEC's approval of spot Bitcoin ETFs, was anticipated to augment optimism within the sector, but the number of respondents intending to elevate their investments in crypto is still remarkable," he mentioned.
Crachilov further stated, "It is a contrast to last year when there was still nervousness among institutions about committing to the market but that appears to have decisively changed with sovereign wealth funds, pension funds, family offices, wealth managers, and hedge funds all expected to increase investment over the short and medium term." The surge in investment interest signifies a growing confidence and a potential shift in the broader institutional landscape towards digital assets.
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