Most Institutional Investors Expect to Increase Crypto Exposure: Survey

Institutional investors who already have exposure to cryptocurrency are much more likely to increase their holdings than reduce them, results of a survey from Nickel Digital Asset Management suggest. Respondents were from the US, UK, France, Germany, and the United Arab Emirates.

More than four out of five (82 per cent) expect to increase their exposure between now and 202, with 40 per cent looking to increase them dramatically. Only one per cent will sell them all while seven per cent said they would reduce. The authors caution that most holdings are low overall, as many investors are testing the sector.

The biggest reason cited (58 per cent) for wanting to increase holdings are the long-term prospects for digital assets. Other ones are a bigger degree of comfort after initial exposure, the investment of market leaders in the space and a better regulatory environment.

“The number of institutional investors and corporates holding Bitcoin and other cryptoassets is growing and their confidence in the asset class is also increasing,” Nickel Digital cofounder and CEO Anatoly Crachilov said. “Our analysis at the start of June this year revealed that 19 listed companies with a market cap of over $1 trillion had around $6.5 billion invested in Bitcoin, having originally spent $4.3 billion buying the cryptocurrency. We also found a staggering $43.2 billion worth of bitcoin is held through various bitcoin closed-ended trusts and exchange-traded products. 

Nickel Digital offers four different funds for investing in digital assets.

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