
Study finds 82% of institutional investors plan to increase crypto exposure in portfolios
82% of institutional investors and private-capital managers plan to increase the share of digital assets in their portfolios by 2023. These results came from a survey conducted by the Nickel Digital crypto fund.
Half of those surveyed expressed willingness to substantially increase investments.
Only 7% said they wanted to reduce this share and 1% — to plan to fully liquidate such positions.
The sample included participants from institutions in the US, France, Germany, the UK and the UAE.
Among the reasons cited by respondents for the more favorable view of the sector were:
- Long-term prospects for crypto price appreciation — 58% of respondents;
- Increased comfort dealing with the new asset class after learning how it works — 38%;
- Growth in the number of companies starting to explore the crypto industry — 37%;
- Reduction in legal uncertainty — 34%.
“Our analysis shows that 19 publicly traded companies with a market capitalization above $1 trillion invested about $6.5 billion in Bitcoin. In various trusts and exchange-traded products based on digital gold, there are a staggering $43.2 billion stored. This trend will continue,” — commented the results CEO Nickel Digital Anatoly Krachilov.
In April, Germany enacted a law that, from July 1, allowed institutional-client funds to invest up to 20% of assets in cryptocurrencies.
Earlier, Intertrust predicted an increase by 2026 to 7.2% of the share of cryptocurrencies in hedge funds’ AUM (~$312 billion at the time of publication of the study).
According to PwC’s latest report, 21% of “classic” hedge funds with assets of $180 billion have already increased the share of the new class of instruments to an average of 3%. Most of them plan to expand this allocation.
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