Institutional investors expect major adjustments in the crypto market next year – Bitcoin News

Institutional investors expect major adjustments in the crypto market next year – Bitcoin News



According to a survey released by Natixis Investment Managers, many institutional investors predict that the cryptocurrency market will undergo a major adjustment next year. Despite seeing cryptocurrencies as the main contender for major adjustments, institutional investors are increasingly keen on asset classes.

Institutional investors see cryptocurrency as a major contender for major corrections

Natixis Investment Managers announced the results of a global survey of institutional investors on Wednesday. The company surveyed 500 institutional investors who manage USD 13.2 trillion in assets for public and private pensions, insurance, foundations, endowments, and sovereign wealth funds worldwide. Including nearly 100 US institutional investors with USD 1.3 trillion in assets under management.

Institutional investors were asked which markets will see major adjustments next year. Although “institutions see the potential for correction in a range of asset classes and industries,” the survey results pointed out:

They believe that the biggest contender for major adjustments next year will be cryptocurrencies.

Natixis explained in detail that cryptocurrency is the most concerned correction issue, and more than half of the surveyed institutions called for correction. This is followed by interest rate sensitive bonds (45%), stocks (41%) and technology (39%).

Natixis pointed out that despite the prediction of a major adjustment in the crypto market, institutional investors are becoming more and more enthusiastic about asset classes, noting that:

Even though cryptocurrency is the main competitor of the amendment, institutions have begun to develop enthusiasm for digital currency.

Natixis added: “Four out of ten people believe that encryption is a legitimate investment option. Of the 28% who invest in encryption, 90% said they will maintain (62%) or increase (28%) the distribution At the same time, 87% of institutional investors expect that the central bank will eventually regulate cryptocurrencies.

In the past few months, more and more institutional investors have shown interest in cryptocurrencies. In May, global investment bank Goldman Sachs stated that the fear of missing out (FOMO) is drive Institutions against Bitcoin. In July, a survey by Nickel Digital Asset Management found that 82% of institutional investors and wealth management institutions Plan to increase From now to 2023, their cryptocurrency exposure.

Do you agree with the institutional investors under investigation regarding major adjustments to the crypto market? Please let us know in the comments section below.

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