62% of institutions increased their investment in digital currencies

Representatives of the Coinbase crypto exchange announced that they had conducted a study in which they determined the degree of interest of institutional investors in the direction of the main digital asset. According to their testimony, over the past year, investments in BTC have increased 62% of large investors.

The 2022 Digital Assets Outlook report was compiled by Coinbase, which reported on the results of the study. It was also said that only 12% of large investors reduced their savings. 58% plan to increase their holdings of cryptocurrency assets and continue to do so over the next 3 years:

This proves that institutional investors continue to accumulate cryptocurrencies with a long-term perspective and their strategy has not been affected by a significant drop in prices.

The survey, which was conducted by Coinbase analysts, affected 140 large investors. 59% of those surveyed said they would stick to a firm “holding” strategy, which involves accumulating coins over the long term. 7.9% of corporate investors believe that tangible profits from bitcoin will be in the next year.

It is worth noting in a special way that the analysis was carried out before the situation with the fall of the American cryptocurrency exchange FTX and Alameda Reserach. With a high probability, if the survey had been conducted after November 8, the results of the studies would differ from what we have at the moment.

Nickel Digital Asset Management also reported on the survey. They asked professional investors to answer some questions and, according to their research, 92% of cryptocurrency investors are confident that digital assets will show their positive side in the future.