Adoption is in progress. Despite some haters permanent, now obsolete, adoption of the cryptocurrency industry is an obvious fact that no debate can deny. Just look how it is Bitcoin and Ethereum spot ETFs he won all the votes during his explosive starts. A situation that seems motivate investors so far recalcitrant to delve into this digital crypto-economy. In any case, it is about what a recent survey led by a law firm Barnes & Thornburg in USA. We are taking inventory…
The crypto market is becoming attractive
Approval AF bitcoin cash he seems to have opened the way ka change in dynamics important in the investment logic of the residents of the United States. Because this validation provided by the SEC makes the sector cryptocurrencies now possible and available.
Just look how banks like Standard Chartered choose to open their doors to these possibilities, so that they can offer them to their customers. With support financial giants like BlackRockdetermined not to miss the opportunity of this moment.
The context in which the law firm Barnes & Thornburg she has just conducted a new in-depth investigation. All done with 138 sponsors in venture capital firms, hedge funds and investment banking. And the results are clear!
Investment on the rise
Indeed, 84% of participants to this survey believes that private investment in cryptocurrencies should increase over the next 12 months. This time 59% of those surveyed say they are more likely invest in crypto funds than a year ago.
Because approval Spot ETFs opens up new perspectives. This could go as far as “investing in private crypto funds and other unregulated products » if the market trend makes them more attractive. And some analysts think so maybe the time is right !
“This is a significant change from last year, when most respondents said that the current state of the cryptocurrency market had a significant negative impact on their motivation. »
Barnes & Thornburg
On the side of those who are refractory (26%), they remain the main reasons given too high volatility (46%), pervasive deception (43%) and the specter of collapse exchanges (43%). That is, those who will perform at this moment Bitcoin will become as docile as shares in the stock market…
The cryptocurrency market is located at intersections. And one of them is very clearly taking direction traditional finance. Now with companies like Black stone in the process of associating with Nasdaq For try to integrate options into your Ethereum spot ETF. Because the race is on and the runners are visibly very motivated…