Hassan Maishera
Binance released a survey of institutional users, which shows a high degree of optimism in the crypto market, as we get closer to the next Bitcoin halving.
Earlier this week we released the results of our Institutional Crypto Outlook Survey.
— Binance (@binance) July 8, 2023
The report covers a number of topics, including views about the future of crypto and the platforms of choice for institutions.
Find a summary of the results here 👇 https://t.co/RVqImLnNPq
Medium- and long-term optimism were very high among the surveyed users. 63.5 expressed optimism when asked about the coming year, while a whopping 88% expressed optimism about crypto markets when asked about the coming decade.
They are also following this up with concrete investments. Only 17% decreased their cryptocurrency investments, while 82% either maintained or increased it.
The survey found that crypto strategies are trending toward long-term investment. Looking ahead, 50% of respondents anticipate raising their allocation in the next 12 months, while 45.7% plan to maintain their current exposure. This indicates that only 4.3% of investors expect to reduce their crypto investments.
When considering their priorities, more than half of investors (53.9%) identified infrastructure as the most important sector for themselves or their fund. Layer 1 and Layer 2 technologies closely followed, with percentages of 48.1% and 43.8%, respectively. These findings suggest that institutional users often take a long-term perspective.Binance has major departments dedicated to research and innovation. Read more details in our full Binance review.
