The market has been volatile lately: Bitcoin and altcoin prices have fallen significantly. BTC is currently trading at $73,000, while Ethereum, the leading altcoin, is barely holding above the $2,000 mark.
And while many are debating whether prices will fall even further, CoinShares has shared some interesting findings from its research. James Butterfill, director of research at CoinShares, conducted a survey of 28 professional investors. Collectively, these individuals manage approximately $642 billion in capital, so their opinion carries significant weight.
Institutional investors are increasingly adding cryptocurrency to their portfolios
The
October survey showed that the strategies of major players in the crypto market are beginning to shift.
The numbers speak for themselves: the average share of cryptocurrency holdings in portfolios rose from 1.2 percent in July to 1.3 percent.
Researchers have noticed an important trend: investors are gradually moving away from traditional stocks and bonds. Instead, they are increasingly turning their attention to alternative options, such as cryptocurrencies and commodities. Essentially, people are trying to invest their money in assets rather than simply keeping it in cash.
Another important point is why people are buying cryptocurrency in the first place. Portfolio diversification currently ranks first, accounting for 40% of responses. Interest in this investment vehicle has been growing since 2021. At the same time, speculation has fallen to fifth place, accounting for less than 9% of all responses. It is also noticeable that cryptocurrency is increasingly being viewed as a serious investment tool, rather than simply a way to satisfy consumer demand.
Bitcoin and Ethereum continue to lead
Data from CoinShares confirms that Bitcoin and Ethereum remain the favorites among investors.
Currently, BTC is the most popular asset among those expecting its value to rise.
If we combine the shares of Bitcoin and Ethereum, they account for nearly half of all assets in the portfolios of those surveyed (47%). As for altcoins, interest has shifted toward Sui, NEAR, Aave, Hyperliquid, Uniswap, and Chainlink. At the same time, forecasts for Solana and Ethereum have become more optimistic.