Binance's latest report on institutional crypto sentiment found 63.5% of respondents expressed a positive outlook for the sector in the next 12 months, and 88% held the same view for the next decade.
A new Binance report finds 63.5% of investors had a positive outlook for crypto assets over next 12 months.
The vast majority of institutional respondents expressed positive sentiment towards crypto assets for next decade.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.A new Binance report on institutional crypto sentiment found 63.5% of respondents expressed a positive outlook for the sector in the next 12 months, while 88% held the same view for the next decade.from Binance Research also found that just 26.
The respondents, it should be noted, are already investing in the industry. The survey was based on responses from 208 ofReleased on Friday, the report's authors said that 25.3% of respondents said regulatory clarity would stand out as a major driver of crypto adoption. Another big driver, according to respondents, would be more institutional involvement in the form of crypto-friendly banks and other financial institutions entering the space.The report further claimed 47.
Of the institutional investors who responded to the survey, 44.7% utilized crypto for intraday strategies, with the next most commonly cited use case, at 23.1%, being for market-making and arbitrage activities. Over half the respondents managed under $25 million in crypto, while 22.6% had a crypto allocation of over $100 million.
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