Wealthy individuals and institutions are likely to fuel the next Crypto Bull race

Many troubled crypto investors who have seen a significant amount of value disappear from their crypto investments over the last year are increasingly eager to discover what factors can help crypto markets rise to their highest levels. records.

Institutional investors, including pensions, endowments and family offices, are among the top investor-controlled groups, but there is also a need to keep a close eye on high net worth individuals, who are increasingly interested in emerging markets.

Survey: Rich people seek to increase exposure to crypto in the coming years

A recent study by deVere Group, a global independent financial advisory firm, provides data that could be viewed as optimistic by investors, as it indicates that a large number of wealthy people may soon be entering the global financial markets. cryptography.

The survey, which gathered data from more than 700 respondents in major countries around the world, found that 68% of participants were already investing in cryptography markets or would invest in Bitcoin, Ethereum or XRP before end of the year 2022..

Nigel Green, founder and CEO of the deVere Group, commented on the results of this survey, noting that the widespread adoption of universal crypto-currencies pushed high-net-worth investors to feel the FOMO (fear of switching to side).

"There is growing recognition that cryptocurrencies are the future of money – and the future is the time. High net worth individuals are not prepared to miss out on this and rebalance their investment portfolios based on these digital badets, "Green said, adding that" Crypto is giving money to this that Amazon was retail.

Institutions are also warming in the emerging cryptocurrency markets

Another recent survey of institutional investment groups also produced positive data for crypto investors.

The survey, conducted by Fidelity Investments with the goal of providing comprehensive data that can help guide their growing digital badet business – dubbed Fidelity Digital Assets – revealed that about half of institutional investors that crypto was worth adding to their wallet.

"Nearly half of the institutional investors surveyed (47%) believe that digital badets are high on their investment portfolios, but opinions differ as to how these investors would prefer to hold digital badets," he said. Fidelity, adding that 76% of respondents rated safety as their number one priority when considering child care solutions.

Given the fact that both institutions and wealthy investors are increasingly comfortable investing in cryptocurrencies, there seems to be a strengthening of arguments for an impending uptrend, with a surge of new capital fueling the flames that could eventually send the markets. in a parabolic climb.

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