HomeUncategorizedInstitutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey By Cointelegraph

Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey By Cointelegraph

April 4, 2023

[ad_1]



Institutional interest in cryptocurrencies hasn’t budged despite the market being down 60% from the all-time highs (ATH), as a majority of asset managers stated they’re “extremely interested” in crypto themed-Exchange Traded Funds (ETFs).

On April 3, financial services firm Brown Brothers Harriman (BBH) released its 2023 Global ETF Investor Survey which polled 325 institutional investors, financial advisors, and fund managers from the United States, United Kingdom, Europe and China.

58% of fund managers in China are looking to add crypto ETFs to their portfolios, followed by the U.S. (55%) and Europe (29%). Source: BBH