Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns associated with crypto. The survey features respondents from the United States, France, Germany, the United Arab Emirates and the United Kingdom, who collectively own $275 billion in assets under management.Conducted online from May to....
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A poll has found 22% of institutional investors are likely to buy cryptocurrency in the future. A survey carried out by JPMorgan found that one in five institutional investors at firms that don't currently trade in cryptocurrency believe their companies are likely to do so in future.The survey of more than 3,400 investors representing 1,500 institutions, found that 11% of respondents work at firms that trade or invest in crypto, while 89% do not.Promisingly however, twice as many institutions appear likely to invest into crypto ashan those who have already taken the plunge, signalling....
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A survey on the appetite for digital assets for institutional investors showed that 43% already own digital assets. The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by the respondents, 3.3%, or approximately $10.42 billion, is invested in cryptocurrencies. Some surveyed investors reported over 50% exposure to digital assets, but respondents’ median percentage invested in cryptocurrencies stands at about 3%.The risk-return ratio was the primary consideration when investing in crypto,....