- Institutional interest in the digital asset sector remains high despite the struggles that the industry has faced over the past year and a half, with a majority of asset managers indicating that they are “extremely interested” in Exchange Traded Funds that offer cryptocurrency-related exposure.
The survey included responses from 325 ETF institutional investors, financial advisors, and fund managers from the U.S., Europe, the U.K., and China to identify key trends and areas of innovation in the ETF market. Interest in cryptocurrency was similar across the different regions surveyed, with 25% of respondents from the U.S., 24% of respondents from Europe, and 27% of respondents from China indicating plans to purchase over the next 12 months.“Despite the rocky landscape for crypto last year, cryptocurrency and digital asset-themed ETFs are surprisingly still sought after,” the report said. “48% of investors plan to add them, dropping only 6% from last year.