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Bitcoin Swings Back Into Favour Amongst Investor While Regulation Remains The Key Risk - CoinShares: Fund Manager Survey

Date 18/07/2023

Click here to download CoinShares’ digital asset quarterly fund manager survey, it drew 51 responses from investors who cover $900bn of AUM.

 

Key findings include:

  • Investors believe that Bitcoin has the most compelling growth outlook, with 43% of respondents with this view. This has come primarily at the expense of Ethereum.
  • Ethereum, despite poorer sentiment this survey, remains the largest position in investor’s portfolios.
  • 10% of investors are venturing out into “other” altcoins, which has increased from last month, including liquid staking derivatives and Layer 2 solutions.
  • The key risks for investors remain regulation and the potential for a government ban, this is hardly surprising given the recent sabre rattling from the US SEC.