Crypto

Majority of Institutional Investors Are Actively Recommending Crypto Assets to Clients, According to Bitstamp Study

A recent study by crypto exchange platform Bitstamp finds that institutional investors are actively recommending digital assets to their clients.

The Bitstamp Crypto Pulse report, which surveyed over 5,500 professional investors and 23,000 retail investors from 23 countries across the globe, reveals that the majority of institutional investment decision-makers are endorsing crypto assets as investments to their clientele.

“Institutional investors are now actively recommending crypto to their clients and retail investors are beginning to use crypto beyond a simple trade. This is a key area to watch in subsequent waves to gauge how the current financial climate drives adoption of crypto outside the original ecosystem.”

According to the research, 68% of institutional investors surveyed say they are actively recommending crypto while 15.2% say that are doing so with caution. Just 6.4% say they are not recommending virtual assets to their clients.

Source: Bitstamp

The Bitstamp study also finds that nearly 40% of both retail and institutional investors began trading digital assets just two years ago.

When asked if they’re looking to increase their digital asset holdings in the next five years, 72% of institutional investors say they have plans to do so while 73.1% of retail market participants offer the same reply.

In addition to increasing their allocation to crypto assets, the study also reveals that 33.8% of institutional investors have plans to learn more about the nascent industry, 33.4% look to expand their knowledge base for their company and clients and nearly 30% aim to invest in increasing their digital asset offerings.

Source Bitstamp

The full report can be read here.

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Teo Tarras/Natalia Siiatovskaia



Leave a Reply

Your email address will not be published.

Back to top button