1/9𧡠@Cointelegraph reports that β43% of professional investors currently hold digital assets, and 19% plan to buy them in the future.β
2/9 As more institutions are engaging with #blockchain technology, the question of how much of the crypto market cap is covered by professional investors still remains.
3/9 In this report sponsored by Finoa, Cointelegraph interviewed 84 wealthy investors across Asia, Europe, and the US to understand the institutional demand for #cryptocurrecy.
4/9 Here are some key findings:
β Institutional investors currently own 1.4M+ worth of #BITCOIN. However, 62% of investors say that they are more likely to invest in #Etherium in the next 12 months.
5/9 β The majority of #investors (75%) prefer to hold cryptocurrencies directly, either through exchanges or brokers.
6/9
β Investors consider #Switzerland as the No. 1 country for investment worthiness, followed by the United States and Liechtenstein.
7/9 β There are more than 800 digital asset funds across 80 countries. Yearly inflows into cryptocurrency trusts were $9.3B in 2021, up 36% from $6.3B in 2020.
8/9 Thanks to @Cointelegraph for conducting the research and to all the partners for their contribution.