A recent study by crypto exchange platform Bitstamp finds that institutional investors are actively recommending digital assets to their clients.
The Bitstamp Crypto Pulse , which surveyed over 5,500 professional investors and 23,000 retail investors from 23 countries across the globe, reveals that the majority of institutional investment decision-makers are endorsing crypto assets as investments to their clientele.
“Institutional investors are now actively recommending crypto to their clients and retail investors are beginning to use crypto beyond a simple trade. This is a key area to watch in subsequent waves to gauge how the current financial climate drives adoption of crypto outside the original ecosystem.”
According to the research, 68% of institutional investors surveyed say they are actively recommending crypto while 15.2% say that are doing so with caution. Just 6.4% say they are not recommending virtual assets to their clients.
The Bitstamp study also finds that nearly 40% of both retail and institutional investors began trading digital assets just two years ago.
When asked if they’re looking to increase their digital asset holdings in the next five years, 72% of institutional investors say they have plans to do so while 73.1% of retail market participants offer the same reply.
In addition to increasing their allocation to crypto assets, the study also reveals that 33.8% of institutional investors have plans to learn more about the nascent industry, 33.4% look to expand their knowledge base for their company and clients and nearly 30% aim to invest in increasing their digital asset offerings.
The full report can be read
