62% of institutions to start investing in crypto within a year: Survey

Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed. As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect to make their first investments in cryptocurrencies within the next year, according to a new survey by European investment manager Nickel Digital Asset Management. Released Tuesday, the survey interviewed 50 wealth managers and 50 institutional investors across the United States, the United Kingdom, France, Germany and the United Arab Emirates. Nickel conducted the survey online in May and June 2021.
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- CoinRado.com