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Free Bitcoin 2020 Earn Free Bitcoin Daily in Internet 2020 Learn different ways to earn Bitcoins by completing simple tasks, Captcha’s and sell your Bitcoins for real money. Free Bitcoin 2020 What is Bitcoin? Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency. Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services in legal or black markets. Bitcoins in its pure essence is money. It is digital curren

Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies

Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies

New research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings.

This week the crypto asset insurance company Evertas published a cryptocurrency survey that included a number of institutional investors who collectively manage $78 billion in assets. The survey’s participants included ultra-high net worth individuals, custodians, traditional financial institutions, exchanges, funds, and family offices.

The research reveals that 90% of the surveyed respondents believe institutional investors will increase their allocation of digital currencies during the next five years.

Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies

The study published by Evertas says that participants said that they had a number of concerns about the investment into crypto assets. Some of which included the quality of trading desks and custodial services within the crypto ecosystem.

The data from the Evertas survey shows 56% of the respondents are “very concerned” about the lack of insurance within the digital currency economy. 54% said they were also “very concerned” about compliance procedures for services who deal with institutional investors.

Interviewees also told a few reasons as to why institutional investors will increase crypto asset exposure. 80% of survey respondents detailed that it was because the market was growing more robust and able to provide “greater liquidity.” 84% said that the increased exposure will be fueled by the improvement of regulatory infrastructure.

“Our research shows that institutional investors are enthusiastic about increasing their exposure to cryptocurrencies and crypto assets in general,” J Gdanski, CEO and Founder of Evertas noted after the company published the crypto institutional investment survey.

“There are clearly many issues regarding the infrastructure that supports these markets that still concerns them. These clearly need to be addressed if the full potential of investment from institutional investors in crypto assets is to be realised,” Gdanski added.

According to the Evertas crypto investment survey, the company worked with a market research firm called Pureprofile. Out of the group of institutional respondents who manage billions worth of assets, 25 were based in the United Kingdom and another 25 stemmed from the United States. Evertas also detailed that the survey was conducted during the month of July 2020.

What do you think about the survey respondents saying they believe institutional investors will increase exposure to crypto assets? Let us know in the comments section below.

The post Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies appeared first on Bitcoin News.



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