TechFlow reports that Swiss digital asset bank Sygnum Bank has released its "Future of Finance 23" institutional investor crypto survey.
The report aims to measure institutional investors' adoption of cryptocurrencies, covering their needs and challenges. Survey results show that 60% of institutional investors are bullish on crypto, viewing it as an opportunity to capitalize on market gains.
Approximately 40% of investors originally planned to invest in the first half of 2024, potentially in anticipation of the Blackrock ETF.
Regarding token selection, investors show a preference for established cryptocurrencies such as Bitcoin and Ethereum.
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