Institutional investors signal long-term commitment to crypto — TradingView News
Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto.
In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests and positive market sentiment toward cryptocurrencies.
Martin Burgherr, Sygnum Bank’s chief clients officer, said more explicit regulations globally were aiding the positive market sentiment among institutional investors. He added:
“Among the most important is perhaps the approval and the subsequent launch of the US Bitcoin Spot ETFs, which has the…