A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations.
Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto.
In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests and positive market sentiment toward cryptocurrencies.
Martin Burgherr, Sygnum Bank’s chief clients officer, believes more explicit regulations globally aided the positive market sentiment among institutional investors. He added:
