A new survey by digital asset investment firm CoinShares shows that close to half of investors currently believe that a single crypto asset has the highest return potential, and that that asset has the highest return potential. Bitcoin (BTC) shows it’s not.
According to the survey, 42 percent of investors, Ethereum (ETH) sees it as the most attractive crypto asset in terms of potential growth. This is how ETH beats Bitcoin by 24 percentage points.
CoinShares says that Ethereum’s market share of crypto assets under management has increased by 15 percent to date.
“42% of investors consider Ethereum to be the most attractive in terms of growth potential, with ETH significantly outpacing Bitcoin at 18%.
Belief in the growth potential of ETH; It also reflects the growth in assets under management (AuM), which we have seen have seen the market share of Ethereum-backed investment products rise from 11 percent at the beginning of the year to 26 percent today.”
Bitcoin is followed by Ethereum in the list of cryptocurrencies with the highest return potential. After Bitcoin, investors are the most Cardano (ADA), Polkadot (DOT), Left (LEFT), Terra (Luna), Radix (XRD) and Ripple (XRP) Cryptocurrencies such as cryptocurrencies are in a bullish trend.
According to the survey, about a third of all investors invest in crypto assets for speculative purposes, while a quarter are simply trying to diversify their portfolios. The survey also highlights the fact that regulatory uncertainty is one of the top reasons investors are hesitant to invest their money in crypto assets.
“Respondents who stated that they did not invest in crypto cited regulatory uncertainty (21 percent) as the main reason for not investing.”
According to the CoinShares survey, the main risks respondents fear about entering the cryptocurrency market include government bans and regulations that have yet to be clearly framed.
“Policy, government bans and regulations account for 58% of perceived key risks for digital assets.”
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.