Institutional Investors Will Start Buying Tokens In The Next Five Years
Most large investors are actively watching the dynamics of the movement of cryptocurrency and is ready to start buying these assets over the next five years. This was stated by 41% of polled institutional investors.
The survey was conducted by employees of the CoinTelegraph portal. They note that 16% of respondents expressed willingness to enter the crypto sphere in the next three years.
Of particular interest in this category of financiers is such a direction as the ICO.
According to most of the major players in the financial market, the ICO sector has enormous potential, as it combines innovation and traditional forms of attracting capital.
23% of respondents told reporters that they still do not believe in the ICO-sphere, so for now they do not plan to enter this market.
14% of respondents allowed to participate in the purchase of tokens, but stated that they would acquire digital assets only after the approval of Bitcoin ETF by the US Securities and Exchange Commission (SEC), which so far rejected all applications for the launch of exchange crypto funds.
The survey was conducted in December-January, when the crypto market was in a state of crisis, and Bitcoin collapsed to an annual minimum.
Now the main cryptocurrency is trading at just above $ 3,600 and retains the potential for a new breakthrough. Some analysts bet on the resumption of growth of Bitcoin and altcoins in the very near future.