cryptoupdate
Contributor
A recent survey has revealed a significant surge in the interest of fund managers towards cryptocurrency exchange-traded funds (ETFs).
A recent survey conducted by financial services firm Brown Brothers Harriman (BBH) found that almost 50% of fund managers are planning to include cryptocurrency exchange-traded funds (ETFs) in their investment portfolios by 2023. However, only a quarter of respondents plan to increase their allocation to digital assets.The survey polled 325 institutional investors, financial advisers, and fund managers from the United States, the United Kingdom, Europe, and China. Despite the cryptocurrency market experiencing a 60% decline from its all-time highs, a majority of institutional investors expressed keen interest in crypto-themed ETFs, with almost three-quarters claiming they were "extremely" or "very" interested...read more
