Survey: institutional and retail investors want to increase allocations to digital assets and products
A recent survey conducted by Ernst & Young on 1 August revealed that 94% of institutional investors and 83% of retail investors say they are long-term believers in digital assets. Many institutional and retail investors are looking to increase their allocations to digital assets and digital asset-related products.
The past year has seen the approval of registered assets (exchange-traded products), legislation enacted (and in some cases passed), allocations increased and interest in tokenised assets expanded globally.
On the retail investor side, 72 per cent of retail investors see digital assets as a core part of their overall wealth strategy and are looking to enhance their current wealth and estate planning, tax and trust and advisory services to cover cryptocurrencies and digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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