7 in 10 Retail and Institutional Investors Plan to Buy More Crypto, Bitstamp Survey Finds

cryptonews.com:

Most investors plan to spend more on crypto in the next five years, a new survey has found – with both retail and institutional investors looking to delve further into the sector.

The survey was conducted by the crypto exchange Bitstamp, which found that 73% of retail investors and 72% of institutional investors stated that they plan to buy more tokens over the course of the next five years.

The exchange stated that it had spoken to “5,502 institutional investment decision makers and 23,113 retail investors” from 23 countries in North America, Latin America, Europe, Africa, the Middle East, and Asia-Pacific nations in a bid to “understand the attitudes, applications and ambitions for crypto, now and in the near future.”

This may have been spurred by the fact that, the data showed, 68% of institutions are now actively encouraging crypto investment. This kind of sentiment has seen just under 74% of institutional investors trade crypto “at least once a week,” with 56% of retail investors doing likewise.

The survey indicated that, at least among investors, crypto-related sentiments tend toward the optimistic, with almost 80% of retail and 73% of institutional respondents opining that crypto will go mainstream within the next 10 years. Most said this will become the case within the next five years, with almost 15% of retail investors opining that crypto was “already mainstream.” Fewer than one in 10 of both groups stated that crypto would never be accepted by the mainstream.

There was plenty of regional variation, however. In France, only a third of retail investors said they had trust in crypto, while in Nigeria, India, and Brazil, well over 75% of both retail and institutional investors said they had faith in crypto. Over six in