Cryptocurrency NewsGlobal Crypto NewsLatest News

Institutional Investors Bet On Crypto in 2022, New Survey Reveals

It seems like crypto’s growing popularity has no plans to stop. Check out the latest reports about what institutional investors are betting on these days.

A new survey by crypto exchange Bitstamp is showing the fact that institutional investors have massive faith in the potential of crypto as a new asset class.

As the inline publication the Daily Hodl notes, the survey involved 5,502 institutional investment decision-makers and 23,113 retail investors from 23 countries across Africa, Asia-Pacific, Europe, Latin America, the Middle East, and North America.

Institutional investors believe in crypto

The result was published in the first Bitstamp Crypto Pulse report. The latest data shows that 80% of institutions believe that digital assets will overtake traditional investment vehicles within a decade.

A massive majority of institutional respondents, or 88%, also think that crypto will have mainstream adoption within the same period.

“The Bitstamp Crypto Pulse report uncovers why retail and institutional market participants are investing, what is holding them back, how they are working together, and ultimately, what is the global level of trust in crypto.”

The online publication the Daily Hodl notes that of the retail investors, “67% believe that crypto is a trustworthy investment. Seventy-one percent of investment professionals and 65% of retail consumer investors also claim that they trust crypto as an asset class.”

The study’s authors revealed the following as well:

“We found that there is an overwhelming belief in crypto’s potential, with the majority of the respondents believing that crypto will overtake traditional investments within a decade.”

The mass adoption of crypto and the blockchain has been one of the most important goals that the crypto industry has set. There have been a lot of moves made in this direction, and as you can see they continue.

Check out the complete results of the survey in order to learn all the available details.

Stay tuned for more news and make sure to keep an eye on the crypto market as well.

Related posts
Blockchain NewsCryptocurrency NewsGlobal Crypto NewsLatest News

South Korean Financial Giants To Create Crypto Exchanges In 2023

Cryptocurrency NewsGlobal Crypto NewsLatest News

Thailand Exempted Crypto Transfers From VAT Until The End Of 2023

Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Crypto Adoption Support: Germany's Commerzbank Reportedly Applied for Local Crypto Licence

Cryptocurrency NewsGlobal Crypto NewsLatest News

Digital Asset Investment Products Outflows Total $97 Million

Send this to a friend