90% of Institutional Investors Will Increase Crypto Position, According to Survey

90% of Institutional Investors Will Increase Crypto Position, According to Survey

By Abhimanyu Krishnan | News | 22 Sep 2020


Cryptocurrency firm Evertas published the results of a new survey on institutional interest on September 21, and the results look optimistic for Bitcoin (BTC) and the market.

  • The survey examined the holdings and strategies of exchanges, custodians, traditional financial institutions, funds, family offices and ultra-high net worth individuals
  • The key highlight is that 26% of institutional investors would “dramatically increase” their investments in BTC and crypto in general
  • 84% of surveyees also said that the larger position was a result of expected regulatory infrastructure; 80% said that it was because they expected the market to grow
  • 76% believe that they expect more institutional money to flow in and more products to arrive
  • Primary concerns include the lack of insurance cover (56%), and compliance and working practices (54%)
  • Evertas is a crypto insurance firm that has been funded by Morgan Creek and Kailash Ventures, among others; the company raised $2.8 million in July 2020

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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