According to a new global study, more than 50% of institutional investors expect the crypto markets to recover in the next year.
An asset manager with $1.39 trillion in assets under management. Natixis Investment Managers; It published a global survey of 500 institutional investors from 29 countries in North America, Latin America, the United Kingdom, Continental Europe, Asia and the Middle East.
According to the survey, most institutions Bitcoin (BTC) and he thinks other cryptocurrencies give up their gains in 2022.
“If we consider all the factors in the incident; Institutions see correction potential across a range of asset classes and industries. Most institutions think that almost all popular cryptocurrencies will experience a correction. This is followed by interest-bearing bonds (45%), stocks (41%) and technology (39%).
The survey revealed that despite the prediction that the crypto market will pull back, institutional investors are still warming to the idea of holding digital assets.
“Four out of ten people see crypto as a legitimate investment option, and of the 28% who have invested in crypto, 90% said they would continue (62%) or increase (28%) their investments.”
However, the overwhelming majority of respondents believe that cryptocurrencies need more regulation before they gain wider acceptance.
“Nine out of 10 are central banks cryptocurrency He estimates that he will have to organize his units. Few see the potential of crypto to replace reserve currencies (25%) or fiat currencies (28%).
However, a third believe crypto has the potential to level the playing field for developing countries. Only 29% think emerging market countries should accept crypto as a legal asset.”
You can read the full report here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.