Cryptocurrencies or Crypto ETFs? Which of these two assets the wealthy and institutional investors do they love the most? A recent study shows that their interest in crypto ETFs has grown considerably. Except there is a downside.
Institutions “extremely interested” in crypto ETFs
In a study published in October 2022, GlobalData revealed that wealthy investors tend to be more fond of cryptocurrencies than crypto ETFs. Paradoxically, Brown Brothers Harriman (BBH) published a report showing otherwise.
” The results of our 2023 Global ETF Investor Survey are available. Explore to find out how ETF investors are changing in the face of macro and market shifts, and what the past decade of ETFs can teach us about the next ten. »
The results of this study, the entirety of which remains accessible in this digital bookhighlighted the following points:
- near to three quarters of institutional investors claimed to be ” extremely ” Or ” very » interested by crypto ETFs;
- most of the respondents were demotivated by the bear market ;
- only A quarter of them display a purchase intent of these digital assets;
- etc
Basically, despite a 60% drop in the market amid crypto winter, wealthy investors don’t want to let go of crypto ETFs.
If we compare the BBH data to that of 2022, there has indeed been a decrease of 6% regarding purchase intention.
A multitude of ETF offers
We are not unaware that the SEC takes a dim view of crypto ETFs. Reason why it has always blocked the product that Grayscale Bitcoin Trust intends to launch on the market.
But despite this position taken by the SEC, certain companies such as BlackRock, Ark Investment Management or even 21Shares are not giving up. According Cointelegraph, nearly half plan to add additional crypto ETFs to diversify their clients’ investments.
” As investors adapt to volatility, they diversify their portfolios and add more innovative products. Even though it’s been a tumultuous year for cryptocurrencies, interest hasn’t completely died out “says BBH.
Waiting for a clearer regulations of the cryptocurrency market, and as a corollary of the crypto ETFs, do not forget that a threat of recession hovers all over the world. An opportunity for you to fly over our list of tips for surviving a recession unscathed. The ball is in your camp.
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