14. “crypto research report” published
Liechtenstein, November 1, 2022 — The annual survey of institutional and professional investors’ cryptocurrency holdings was published by CryptoResearchReport.com in partnership with Cointelegraph, the largest crypto media company in the world.
The survey found that 43% of professional investors today own digital assets, and 19% plan to buy them in the next 12 months. The survey’s 84 respondents manage $316 billion in assets, with a whopping $10.42 billion invested in cryptocurrencies. Some professional investors reported over 50% exposure to digital assets, but respondents’ median percentage invested in cryptocurrencies is 3.3%.
The Institutional Demand for Cryptocurrencies Global Survey 2022 report can be downloaded from the following link:
Crypto Research Report — English
The institutions are here, and they buy the dip. BlackRock, the largest asset manager in the world with $10 trillion in assets, just announced its second blockchain exchange-traded fund, a month after debuting its first. Goldman Sachs took the lead risk in an OTC crypto trade for the first time with Galaxy Digital. Goldman Sachs now has a section of its website dedicated to the investment case for cryptocurrencies and the metaverse. The largest hedge fund in the world with $140 billion in assets under management, Bridgewater Associates, announced that it is backing a Bitcoin fund. Fidelity is considering a plan to allow its brokerage clients – some 34.4 million individual investors – to trade the world’s largest cryptocurrency. Citadel, Brevan Howard, Investment Bank Cowen – soon the list of institutional investors in crypto will be longer than the list that is not involved. Not only will these institutions bring liquidity to the cryptocurrency space, but they also wield significant power in local politics and government. Financial, insurance, and real estate lobbying groups in the United States spent $539 million in 2020 to influence regulation and public policy.
Key topics covered in the report:
- In total, the respondents manage 316 billion dollars in assets,
- Institutions are also interested in security tokens (31%) and stablecoins (31%). Smaller holdings included Polkadot (DOT) (25%), Solana (SOL) (13%) and Litecoin (LTC) (13%). Several investors mentioned that they are also interested in listed blockchain stocks.
- 62% of investors say Ether (ETH) is on their buy list, compared to just 54% for Bitcoin (BTC).
- A slim majority of investors (55%) prefer to hold cryptocurrencies directly. Interestingly, professional investors prefer to buy a regulated fund before buying structured products or trading futures.
However, some key questions remain. How much of cryptocurrency market capitalization and daily trading volume is done by institutions vs. retail investors? The answer to this question helps us understand whether crypto is mainly a retail phenomenon or whether institutions already own a significant portion of the market. This report examines the direction of capital flow. Are there professional traders buying or selling Bitcoin? Are institutions primarily interested in Bitcoin, Ether or other methods of gaining exposure to blockchain technology, such as private equity or M&A? Do they plan to increase their exposure to blockchain in the next 12 months?
To answer these questions, Cointelegraph Research took a data-driven approach in its second annual report “Institutional Demand for Cryptocurrencies Global Survey 2022”. To gain a deeper understanding of how professional investors feel about blockchain assets, this 60+ page research report presents 32 questions about cryptoassets answered by 84 wealthy investors across Asia, the US and Europe. TLDR; 43% currently own digital assets, and 19% plan to purchase them in the future. However, their favorite cryptocurrency for future investment was unexpected. Many institutional investors are already in the market, and new ones arrive daily.
“The latest Cointelegraph research highlights the continued appetite of institutions to gain exposure to digital assets, and a key statistic to back this up is that over 7% of the Bitcoin supply is held by institutions. At Flow Traders, we are ready to embrace this trend further and remains committed to contributing to the development of the ecosystem and supporting institutions using digital assets, says Michael Lie, Head of Digital Assets at Cointelegraph.
The report was supported by 22 research partners and contributors from six countries, including sFOX, Zeltner & Co, BBVA Switzerland, PostFinance, Shyft Network, VeVe, GonnaMakeIt NFT Marketplace, Energi Core, LCX, Lisk, Flow Traders, Phemex, Bequant and Finoa.
Crypto Research Report has a strategic partnership with Cointelegraph. All issues of the Crypto Research Report are available on Cointelegraph, which receives over 11 million views a month.
For information about sponsoring an upcoming report from Cointelegraph and the Crypto Research Report, contact [email protected]. Further information about the report and the authors can be found at www.cryptoresearch.report.
Crypto Research Report
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Demelza Hays: [email protected]