A study was conducted on institutional investors. According to the survey results, despite the protracted crypto winter for institutional investors, crypto allowances have increased since last year.
The survey, sponsored by the Coinbase exchange, was published on November 22. The survey was conducted between 21 September and 27 October. According to research, 62 percent of institutional investors investing in crypto have increased their allowances in the past year.
According to the survey, only 12 percent ditched their affiliation with crypto. This ratio shows that most traditional investors have positive long-term outlooks despite falling prices.
More than half of the investors surveyed stated that they currently approach crypto assets with a “buy and hold” strategy. It has also been noted that these investors believe that cryptocurrencies will remain flat and stable for the next 12 months.
Additionally, 58 percent of respondents reported that they would like to increase the crypto allowance of their portfolio in the next three years. Almost half of this rate believes that cryptos will improve in the long run.
As previously reported, regulatory uncertainty has once again been the factor most investors are worried about whether or not to invest in crypto. Particularly, 64 percent stated that they are concerned about whether to invest in cryptos in the next 1 year.
About 140 institutional investors from the USA participated in the survey conducted by Coinbase. In addition, research on institutional investors was carried out by the inter-institutional publisher, Institutional Investor’s Private Research Lab.