Crypto Prices To Rise Next Year: Coinbase Survey
A survey by Coinbase has revealed that 57% of institutional investors believe crypto prices will rise in the next year, compared to 8% last year.
The survey, conducted by Institutional Investor, surveyed 250 institutional investors. The majority of respondents plan to increase their crypto allocations over the next three years, with 60% planning to do so.
No respondents anticipate decreasing their digital asset portfolios, and nearly half of those without crypto allocations plan to enter the space in the next three years.
The top asset classes for investors to generate attractive risk-adjusted returns in the next three years are private equity, U.S. equities, cryptocurrencies, and emerging market equities. Only 31% of investors consider commodities and 26% consider real estate.
(With inputs from Shikha Singh)
You need to login in order to Like
