Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive

Nov 28,2022
KingData News: A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is β€œa strong signal of the acceptance of crypto as an asset class” and β€œthe price outlook over the long term remains positive.”A total of 140 institutional investors in the U.S. participated in the survey, representing about $2.6 trillion in assets under management.
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