Institutional investors expect a significant correction of the cryptom market next year -
Institutional investors expect a significant correction of the cryptom market next year -
Many institutional investors forecast a major correction on the cryptocurrency market next year, as a survey published by Natixi's Investment Manager shows. Although crypto is considered the main candidate for a great correction, institutional investors are increasingly warm up for the asset class.
institutional investors see crypto as a top candidate for larger corrections
Natixi's Investment Managers published the results of a global survey at institutional investors on Wednesday. The company interviewed 500 institutional investors who jointly manage a fortune of $ 13.2 trillion for public and private pension, insurance, foundations, foundations and sovereign funds worldwide. Almost 100 institutional investors in the United States, which manage a fortune of $ 1.3 trillion, were included.
Institutional investors were asked which markets will experience a strong correction next year. While "Institutes see correction potential in a number of asset classes and sectors," says the survey results:
You believe that the main candidate will be cryptocurrencies for a big correction next year.
Natixis stated that the cryptocurrency cites the list of correction concerns, as more than half of the institutes surveyed require a correction. Next on the list are interest -sensitive bonds (45%), stocks (41%) and technology (39%).
Despite the prediction of a great correction for the cryptom market, institutional investors are increasingly warm up for the asset class, noticed Natixis and explained:
Even if Krypto is the main candidate for a correction, the institutions begin to warm up with the digital currency.
Natixis added: "Four out of ten consider crypto to be a legitimate investment option, and of the 28 %that invest in crypto, 90 %say that they maintain their allocation (62 %) or increase (28 %)." In the meantime, 87% of institutional investors expect the central banks to regulate cryptocurrencies at some point.
A growing number of institutional investors has shown interest in cryptocurrencies in recent months. In May, the global investment bank Goldman Sachs said that the fear of missing (fomo) was institutions to Bitcoin. In July, a survey by Nickel Digital Asset Management shows that 82 % of institutional investors and asset managers Increase Your crypto exposure between now and 2023.
Do you agree with the interviewed institutional investors about a great correction at the cryptom market? Let us know in the comment area below.
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