their holdings of cryptocurrencies have grown over the past year, that is 2021. This was the case despite the industry experiencing a protracted crypto winter.
62% of institutional investors with cryptocurrency holdings boosted their allocations in the last year. Additionally, 58% of respondents indicated they planned to raise the proportion of cryptocurrencies in their portfolio over the next three years. Furthermore, almost half of them “strongly agreed” that long-term crypto prices would rise.is viewed as a digital asset by certain institutional investors. In that instance, the value and interest in cryptocurrencies have grown significantly and quickly over time.
Some experts also contended that the management of asset portfolios, including the use of Bitcoin to achieve diversification and increase returns, depends on its usage. Some academics also found that institutions that have crypto assets do better than those that do not, suggesting that they may boost their investments.