90% institutional investors to increase bitcoin holdings in next five years

A survey of institutional investors that oversee some $78.4 billion worth of collective assets said they intend to expand their bitcoin holdings in the next five years.The survey conducted by Evertas, a cryptocurrency insurance firm, noted that institutional investors include more than a quarter (26%) of pension funds, insurers, and family officers. Hedge funds are also expected to dramatically increase their holdings by 32 percent. A further 64 percent anticipate a “slight” rise in allocation.84 percent of respondents based their decision on likely improvement in regulatory infrastructure. Ma…

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