According to a new report by Evertas, a cryptocurrency insurer, institutional investors plan to increase their focus on crypto assets over the next five years.
Evertas surveyed investors who oversee about $ 78.4 billion in collective assets, and 64% of respondents reported that they expect a slight increase in investments in pension fund crypto, family managers, insurance companies and sovereign wealth funds.
Meanwhile, another 26% of respondents believe they will “dramatically” increase their investments in Bitcoin and other cryptocurrencies in the next five years. Altogether, 90% of institutional investors surveyed expect some increase in holdings in cryptocurrencies within the next half decade.
According to the report, the survey was conducted in July by market research firm Pureprofile and included 50 institutional investors in total, divided equally between the United States and the United Kingdom.
Asked why they anticipate greater exposure to investments in cryptography, 84% of respondents said that improving the regulatory infrastructure will make them more viable, while 80% said that expanding the crypto market will increase liquidity.
In addition, 76% added that they believe there will be more conventional financial services companies and fund managers entering this market, and the same percentage said they believe that the bond's negative interest rates and yields will also push them into this class of investments.