Fund managers increase Ethereum (ETH) holdings citing ‘most compelling’ growth outlook

2021-10-8 22:00

Bitcoin might be the most popular crypto asset in the world but a recent survey by CoinShares has revealed that several fund managers see more potential in the second-largest crypto asset by market cap, Ethereum, than in its more illustrious counterpart.

Ethereum has the most compelling growth outlook

According to the survey, 42 percent of the respondents believe that ETH has the “most compelling growth outlook” amongst crypto assets while only 18 percent of them thought that glory belonged to BTC.

The result of the survey is corroborated by the growth seen in the numbers of Ethereum investment products. Per available data, the market dominance of Ether this year has grown to as high as above 20 percent. Considering the fact that the figure stood at only 11 percent at the turn of the year, makes the growth more attractive.

The crypto industry is no longer a joke

The report while speaking on the growth of the entire crypto industry noted that the conversation has shifted away from what it used to be. According to the author of the report, James Butterfill, investors and the general public were looking at Bitcoin and the industry as “a joke” two years ago. 

However, the industry has matured considerably now that the entire market cap of the space now stands above $2 trillion, according to CoinMarketCap, and the value of BTC, ethereum, and others running wild. This has led to the change of tune amongst many investors who now show a considerable level of interest in the altcoins space with the intent of “diversifying” their portfolios.

This view is represented in the survey where it can be seen that investment allocations to Polkadot and Cardano have increased immensely within the last year. However, Ether and Bitcoin still dominate the core of investments in digital assets.

One major surprise the survey revealed was still the reluctance of investors in Solana. Per Buterfill, less than 5 percent of the respondents thought SOL had the most compelling growth outlook.

This is surprising considering the fact that the “Ethereum Killer” has had a remarkable run this year and it is also the current seventh-largest crypto asset by market cap.

The post Fund managers increase Ethereum (ETH) holdings citing ‘most compelling’ growth outlook appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Smart Investment Fund Token (SIFT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 SIFT

fund asset managers ethereum crypto several revealed

Источник: cryptoslate.com

fund asset → Результатов: 126


AIDUS ICO

The AIDUS Global D-Fund Platform is a decentralized fund market established upon the ETHEREUM network to serve as a professional asset management platform in which global investors and asset management companies are able to use Blockchain technologies and SMART Contracts to safely and transparently create and settle into P2P (Peer-to-Peer) fund agreements.

2018-11-28 14:34


Фото:

Bitwise Files With SEC for Cryptocurrency ETF

Bitwise Asset Management is the latest venture to apply for a cryptocurrency exchange-traded fund (ETF). Called the Bitwise HOLD 10 Cryptocurrency Index Fund, the ETF will track the returns of the company’s HOLD 10 Index, a “market-cap-weighted index of the 10 largest cryptocurrencies” that captures roughly 80 percent of the total cryptocurrency market capitalization.

2018-7-25 02:18


Tripterium T50 ICO

Tripterium T50 is a tokenized, closed-end index fund (CEF), which passively tracks the top fifty cryptocurrency assets by market capitalisation, in order to deliver healthy returns. The fund has a Venture Capital Feeder Fund, which will invest in expertly-vetted early stage blockchain technology companies that are seeking to undertake an Initial Coin Offering (ICO), therefore benefitting from the ICO returns.

2018-7-22 20:34


Huge Inflow into Crypto Investment Fund Despite Bear Market

Crypto investment fund Grayscale has revealed it received record-breaking inflows of money during the first six months of 2018 even though the price of Bitcoin crashed from $20,000 to $7,000. Crypto Fund Receives Strong Backing Grayscale Investments released their first Digital Asset Investment report, which showed a large influx of money into their crypto investment.

2018-7-19 22:00


Фото:

Billionaire Steven Cohen backs Crypto! Blockchain Hedge fund according to Bloomberg report

Billionaire Steven Cohen, the founder of Point72 Asset Management, is reportedly backing a crypto and blockchain-focused hedge fund, Bloomberg reports Friday, July 13. Cohen invested in Arianna Simpson’s cryptocurrency hedge fund, Autonomous Partners, via his private equity firm Cohen Private Ventures, according to Bloomberg’s anonymous source.

2018-7-13 18:17


Биткоин-биржа Binance запустила фонд для защиты пользователей после инцидента с Syscoin

Крупнейшая по объемам торгов криптовалютная биржа Binance создала фонд Secure Asset Fund for Users (SAFU), который позволит защитить средства пользователей площадки в экстренных случаях. Решение было принято после зафиксированных на площадке необычных сделок с использованием API-ключей.

2018-7-4 14:54


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Examining how THIS Solana whale profited from cashing out

SOL's price declined on the charts over the last few days. And yet, compared to last year, the altcoin is priced much higher right now In a major move, a prominent Solana whale recently soldThe post Examining how THIS Solana whale profited from cashing out appeared first on AMBCrypto.

Could October’s NFT boom signal the start of NFT summer?

ETH, SOL, and BTC’s NFT sales volume dropped in the last 30 days.  The NFT market capitalization dipped by $100 million in November.  The month of October witnessed a considerable rise iThe post Could October’s NFT boom signal the start of NFT summer? appeared first on AMBCrypto.

Canary Capital files for new 'battle-tested' Solana ETF

Canary files for a Solana ETF. SOL’s price mirrored BTC’s decline below $70K. Canary Capital has submitted an S-1 filing with the U.S. Securities and Exchange Commission (SEC) for a spotThe post Canary Capital files for new 'battle-tested' Solana ETF appeared first on AMBCrypto.

Платформа Truflation представила первый на рынке индекс мемкоинов

Платформа-поставщик экономических данных Truflation вместе со швейцарской компанией Digital Asset Solutions (DAS) представила индекс мемкоинов (MSI), отслеживающий капитализацию, объем торгов и ликвидность монет. Создатели индекса назвали его первым на рынке.

Whales bet big on Solana: Is SOL's all-time high within reach now?

Whales buy and stake large quantities of Solana. SOL’s price action followed an upward trend channel on the 4-hour chart. Solana [SOL] experienced significant buying activity as whales conThe post Whales bet big on Solana: Is SOL's all-time high within reach now? appeared first on AMBCrypto.