Institutional investors show growing confidence in cryptocurrency, survey reveals

TL;DR Breakdown

  • The Binance Research survey reveals a growing optimism among institutional investors towards cryptocurrencies, with 63.5% having a positive outlook for the next year, and 88% for the next decade.
  • Survey participants, a diverse group of institutional investors, show a strong interest in the infrastructure, Layer-1 (L1), and Layer-2 (L2) sectors of cryptocurrency technologies.
  • Respondents view real-world use cases and regulatory clarity as crucial drivers for broader cryptocurrency adoption, signaling a significant shift in the financial landscape.

Description

A recent survey conducted by Binance Research has provided new insights into the evolving attitudes of institutional investors toward cryptocurrencies. However, The survey polled over 200 global institutional investors, revealing a growing optimism in the crypto sector over the next 12 months and into the next decade. Growing confidence in the crypto sector According to … Read more

A recent survey conducted by Binance Research has provided new insights into the evolving attitudes of institutional investors toward cryptocurrencies. However, The survey polled over 200 global institutional investors, revealing a growing optimism in the crypto sector over the next 12 months and into the next decade.

Growing confidence in the crypto sector

According to the survey, 63.5% of respondents indicated a positive outlook on the crypto sector over the next year, with this figure rising to 88% when the timeframe was extended to the next decade. This data signifies increasing confidence among institutional investors in the potential of cryptocurrencies, in stark contrast to the skepticism seen in the past​.

The survey participants, a varied group of institutional investors with diverse experiences and assets under management (AUM), also provided details about their current crypto holdings. Over the past year, 47.1% of respondents maintained their crypto allocation, while 35.6% reported increased holdings. Looking to the future, half of the respondents expect to increase their crypto investments, while only 4.3% anticipate a decrease in the next 12 months​.

Investor interest focuses on infrastructure and regulatory clarity

The Binance Research survey also highlighted areas of focus among institutional investors. Infrastructure, as well as Layer-1 (L1) and Layer-2 (L2) sectors, were the most significant, indicating a shift towards the foundational aspects of cryptocurrency technologies. Specifically, 53.9% of participants found infrastructure important to their investments, followed closely by L1 and L2 sectors at 48.1% and 43.8%, respectively. In recent months, decentralized applications (dApps) were reported as the most widely used technology​.

The survey respondents also pointed to real-world use cases and regulatory clarity as critical drivers for broader crypto adoption. Approximately 27% of those surveyed expressed a need for more real-world applications of cryptocurrencies, while 25.3% called for greater regulatory clarity. These factors, combined with increased participation from banks and other financial institutions, are perceived as key to the continued growth and adoption of cryptocurrencies​.

These findings from Binance Research’s survey offer a valuable snapshot into the evolving attitudes and investment behaviors of institutional investors in the crypto sector. The increased optimism, focus on infrastructure and regulatory clarity, and expectation of growing allocations in the coming year all point to a significant shift in the financial landscape, with cryptocurrencies becoming an increasingly mainstream investment option.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Institutional investors show growing confidence in cryptocurrency, survey reveals

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月5日 07:19
Next 2023年7月5日 08:50

Related articles

  • A deep dive into the true impact of the XRP ruling

    TL;DR Breakdown The Chamber of Digital Commerce (CDC) published a report on the SEC’s lawsuit against Ripple, highlighting the profound implications for the crypto industry. The court provided a split decision, analyzing Ripple and its executives’ distribution of XRP tokens and applying the Howey Test to determine if they were securities. The ruling was categorized into three parts: Institutional Sales (SEC win), Programmatic Sales (Ripple win), and Other Distributions (Ripple win). Description The ruling against Ripple Labs, it’s crypto XRP, and its executives by the U.S. District Court of the Southern District of New York has sent ripples through the industry, opening up a labyrinth of legal interpretations and setting a precedent that could shape the future of digital assets. This case, centering on the sale and … Read more The ruling against Ripple Labs, it’s crypto XRP, and its executives by the U.S. District Court of the Southern District of New York has sent ripples through the industry, opening up a labyrinth of legal interpretations and setting a precedent that could shape the future of digital assets. This case,…

    Article 2023年8月6日
  • ECB executive predicts a dark future for cryptocurrencies

    TL;DR Breakdown An official of the ECB has warned the crypto community about an impending dark future for digital assets. The executive encourages regulatory oversight of digital assets. Description In a recent address at the Bank for International Settlements Annual Conference, Fabio Panetta, an executive board member of the European Central Bank (ECB), painted a somber picture of the future of cryptocurrencies. Panetta suggested that digital assets might find themselves relegated to mere instruments of gambling among investors, lacking the attributes necessary to be … Read more In a recent address at the Bank for International Settlements Annual Conference, Fabio Panetta, an executive board member of the European Central Bank (ECB), painted a somber picture of the future of cryptocurrencies. Panetta suggested that digital assets might find themselves relegated to mere instruments of gambling among investors, lacking the attributes necessary to be considered a robust store of value. The ECB executive warns about the future of crypto One of Panetta’s key observations was the diminishing perception of cryptocurrencies as a reliable store of value. He highlighted the significant market capitalization…

    Article 2023年6月27日
  • Ethereum left in Bitcoin’s dust as SEC lingers

    TL;DR Breakdown Ethereum’s performance is being affected by regulatory uncertainties, making it lag behind Bitcoin. The SEC is yet to decide if Ether will be classified as an unregistered security, which can complicate its trading process. Bitcoin, treated as a commodity, has seen an increase in value due to investor flight from regulatory risk and anticipation of new Bitcoin exchange-traded funds. Description As the U.S. Securities and Exchange Commission (SEC) casts a vigilant gaze over the evolving world of cryptocurrency, the regulatory future of Ethereum, the second-largest digital currency, hangs in balance. Analysts indicate this uncertainty is hindering Ether’s progress, causing it to lag behind the market leader, Bitcoin. The crux of the regulatory ambiguity centers around … Read more As the U.S. Securities and Exchange Commission (SEC) casts a vigilant gaze over the evolving world of cryptocurrency, the regulatory future of Ethereum, the second-largest digital currency, hangs in balance. Analysts indicate this uncertainty is hindering Ether’s progress, causing it to lag behind the market leader, Bitcoin. The crux of the regulatory ambiguity centers around whether the SEC will classify…

    Article 2023年6月29日
  • Polkadot price analysis: DOT corrects lower at $5.06 after a bearish divergence

    TL;DR Breakdown Polkadot price analysis shows a bearish trend Support for DOT is present at $4.94 DOT is down by 5.31% as price corrects lower The Polkadot price analysis indicates a strong bearish sentiment in the market. DOT/USD pair has been on a downward trajectory since the start of today and is now at $5.05 and nearly 5.31% down from its opening price of $5.35. The market crash is strong as the bears are in full control of the price movement, and any attempts to break out of this bearish momentum have been unsuccessful. The support level for Polkadot is $4.94, a zone where buying pressure has been strong enough to try and push the price back up. A successful breakout of this level could see DOT/USD pair rise once again. The resistance is present at $5.30, which needs to be broken for bullish sentiment to take over and allow the price to rise further. Polkadot price analysis 1-day chart: DOT trades in a bearish zone The one-day  Polkadot price analysis is confirming a decline in coin value, as the…

    Article 2023年6月10日
  • EU’s ESMA issues key advisory on crypto regulation as firms eye expansion

    TL;DR Breakdown ESMA warned investment firms about crypto regulation. The agency stressed investor protection risks in unregulated crypto assets. Despite warnings, crypto firms like Gemini and Kraken are expanding in Ireland, awaiting EU’s new crypto rules under MiCA by 2025. The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, has issued a statement emphasizing the necessity of investment firms making their clients fully aware of the regulatory status of their products. Amid the budding blockchain industry, the ESMA is eager to remind stakeholders that despite the imminent adoption of the Markets in Crypto-Assets Regulation (MiCA), cryptocurrencies will remain unregulated in most jurisdictions until the regulation comes into effect. The ESMA has expressed concern over the potential risks associated with unregulated products and services, including the danger of misleading clients about the level of protection they receive. In the face of such prudential and investor protection risks, the ESMA urges firms to inform clients clearly about their products’ regulatory status and the protections applicable to their offerings. A careful stride toward crypto regulation Despite the regulatory uncertainties, crypto firms…

    Article 2023年5月29日
TOP