מערהייט פון ינסטיטושאַנאַל ינוועסטערז קויפן קריפּטאָ ווייַל פון זיין 'הויך פּאָטענציעל קאַפּויער'

Majority of institutional investors buy crypto because of its 'high potential upside'

כאָטש די קריפּטאָקוררענסי סעקטאָר has been going through some difficult times since the year’s turn, data has revealed that the interest of ינוועסטערז, especially those on the wealthier end of the spectrum, in its assets is not waning.

As it happens, professional and wealthy investors are still buying crypto assets this year and are interested in buying them in the future, according to an annual survey carried out by Fidelity Digital Assets, קנבק’s Kate Rooney האט אויף אקטאבער קסנומקס.

Specifically, the ‘2022 Institutional Investor Digital Assets Study’ found that six in ten (58%) of institutional investors said they bought digital currencies in the first half of the year, even as Bitcoin (בטק) fell about 60% during the same period.

As the top reason for buying, over 40% of the investors interviewed in Fidelity’s study cited the digital assets’ high potential upside or innovative tech play; interestingly, despite the often-mentioned correlation with the לאַגער מאַרק, a quarter of institutional investors believe that crypto is uncorrelated to other assets, which they see as an advantage.

Institutional crypto buyers. מקור: קנבק

High-net-worth investors drive the results

Among the buyers, high-net-worth investors are in the lead, with 48% saying they invested in crypto, followed by פינאַנציעל advisors at 37% and family offices at 25%. Pension funds and endowments had the lowest allocation as they tend to be the most risk-averse of the group.

Crypto investment study results. Source: קנבק

On top of that, the study has found that 74% of the high-net-worth respondents said they planned to invest in crypto in the future, representing a substantial increase from 31% year-over-year (YoY).

Asked for a comment on the study results, Fidelity’s Head of Research has told Rooney that these clients tend to be longer-term investors willing to wait for some of those other use cases to play out.

Reasons for (not) investing

As the top reason for buying, over 40% of the investors interviewed in Fidelity’s study cited the digital assets’ high potential upside or innovative tech play; interestingly, despite the often-mentioned correlation with the לאַגער מאַרק, a quarter of institutional investors believe that crypto is uncorrelated to other assets, which they see as an advantage.

אין דער זעלביקער צייט, אַ אַנדערש לערנען איבערגעגעבן ענלעכע רעזולטאטן, מיט א בלומבערג MLIV דויפעק יבערבליק ריפּאָרטינג אַז 56% פון פאַכמאַן ינוועסטערז זענען נאָך שאַרף אויף ווענטשערינג אין קריפּטאָ, טראָץ די פאַרייניקטע שטאַטן סעקוריטיעס און עקסטשאַנגע קאַמישאַן (סעק) פאַרשטאַרקן זייַן לעגאַל אַקטיוויטעטן אין די פּלאַץ.

אָפּלייקענונג: דער אינהאַלט אויף דעם פּלאַץ זאָל ניט זיין געהאלטן ינוועסמאַנט עצה. ינוועסטינג איז ספּעקולאַטיווע. ווען ינוועסטינג, דיין קאַפּיטאַל איז אין ריזיקירן. 

Source: https://finbold.com/majority-of-institutional-investors-buy-crypto-because-of-its-high-potential-upside/