According to a new Bitstamp poll, institutional investors are aggressively recommending digital assets to their clients.
This is what the pole says…
Based on a poll of over 5,500 professional investors and 23,000 retail investors from 23 countries worldwide, the Bitstamp Crypto Pulse investigation discovered that the majority of institutional investing decision Makers encourage their clientele to invest in crypto assets.
Ordinary investors are beginning to embrace cryptocurrencies for purposes other than trading, while institutional investors are actively recommending it to their customers.”
“This is an important area to keep an eye on in succeeding waves to see how the current financial climate influences crypto adoption outside of the original ecosystem.”
68% of institutional investors support bitcoin
According to the research, 68 percent of institutional investors actively support bitcoin, while 15.2 percent do so carefully.
Only 6.4 percent of respondents say they don’t recommend virtual assets to their users.
When asked if they aim to increase their digital asset holdings in the next five years, 72 percent of institutional investors and 73.1 percent of regular market participants say yes.
According to the Bitstamp report, approximately 40% of both retail and institutional investors started trading digital assets only two years ago.
In addition to growing their crypto-asset allocation, 33.8 percent of institutional investors want to learn more about the nascent business, 33.4 percent want to expand, according to the report, their knowledge base for their company and clients, and 33.4 percent want to expand their knowledge base for their company and clients.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.