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Institutional Investors Forecast Bullish Trends for Cryptocurrency

Institutional Investors Forecast Bullish Trends for Cryptocurrency

A recent survey sponsored by Coinbase reveals that the sentiment among institutional investors leans heavily towards an optimistic outlook on the future of cryptocurrency prices.

Commissioned by the prominent US-based crypto exchange and conducted by Institutional Investor, the survey gathered insights from 250 institutional investors, aiming for a diverse representation within the industry.

Results indicate a notable shift in perceptions compared to the previous year, with 57% of participants anticipating an upward trajectory in crypto prices over the coming 12 months. Contrastingly, just 8% held such optimism in the previous survey conducted by Coinbase. Merely 2% of respondents foresee a downward trend, while 41% expect stability or a range-bound market.

Furthermore, the survey underscores a growing inclination among nearly 60% of respondents to bolster their crypto holdings in the next three years.

Interestingly, none of the participants expressed intentions to reduce their digital asset portfolios. Additionally, almost half of those institutional investors currently not invested in crypto aim to step into this domain within the next three years.

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Regarding preferred asset classes for generating promising risk-adjusted returns in the coming years, respondents cited private equity as the most attractive (54%), followed by U.S. equities (48%), cryptocurrencies (41%), and emerging market equities (35%). Notably, commodities (31%) and real estate (26%) garnered comparatively lower enthusiasm.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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