A survey conducted by Binance in March-May 2023 revealed that 88% of professional investors are positive about the long-term prospects of digital currencies.
Of these respondents, 63.5% predicted continued growth over the next 12 months, and 25.3% advocated for the accelerated legalization of the cryptosphere in major markets. 26.9% believed cryptocurrencies should be used not only for speculation, but to pay for goods and services as well.
Only 4.3% were in favor of reducing investments in virtual assets.
Brown Brothers Harriman also found that 74% of their surveyed institutional investors were willing to increase capital investments in crypto ETFs, showing that there is much enthusiasm from the professional investor base for cryptocurrency adoption.
