# Poll Reveals: A Staggering 40% of Money Managers are Considering Altcoin Ventures
* A recent analysis shows that fund executives are becoming more receptive to the concept of alternative cryptocurrency investments.
* The belief is that crypto-supportive regulations in the United States will pave the way for Wall Street integration.
* Major investors are actively seeking crypto staking and profit-generating prospects.
A fresh analysis from S&P Global’s financial analysis division, Crisil Coalition Greenwich, implies that the incorporation of digital assets by fund managers is almost a certainty.
Motivated by what they perceive as a pro-crypto position from the US administration, investment executives are aiming to increase their crypto asset investments.
And it’s not solely Bitcoin that’s attracting their attention.
The analysis emphasizes a shift beyond a single crypto asset, with fund managers investigating more complex digital asset investment approaches. It’s another robust endorsement of crypto from Wall Street.
“This represents a significant transformation from just a few years prior,” the analysis observes, highlighting an increasing willingness to accept risk in crypto investments among institutional investors.
Last year, the SEC approved spot Bitcoin ETFs. These ETFs have accumulated a record-breaking $107 billion in assets under management within a year, establishing a new standard in the ETF market.
While Bitcoin (BTC) Value Forecast – March 25th continues to be a major attraction for these institutional investors, the analysis reveals a growing interest in DeFi tokens and other altcoins.
Besides derivatives, the analysis also discovered that some fund executives are interested in directly investing in the underlying crypto assets.
Presently, Coalition Greenwich is forecasting the introduction of multi-asset crypto ETFs, providing exposure to a collection of cryptocurrencies.
The analysis indicates that while numerous companies are comfortable with trading five or fewer crypto assets, a substantial 40% of asset management firms surveyed (many of whom oversee over $100 million) are prepared to trade 10 or more altcoins.
This analysis underscores an evolution in how investors are acting, a divergence from recent times when capital was focused on only a handful of resources. The surge in alternative cryptocurrencies and the growing number of applications in decentralized finance might improve the functionality of these digital tokens, potentially solidifying this change.
Possessing cryptocurrencies outright enables substantial investors to access inherent crypto staking and profit-generating sectors.
The Ethereum staking sector alone is worth $105 billion. Aside from inherent staking directly on the system, the Ethereum staking sector encompasses liquid staking and restaking, offering supplementary profit prospects.
The Coalition Greenwich analysis indicates that 75% of the asset management enterprises surveyed desire to stake and generate income from their directly possessed crypto resources.
Nevertheless, regulatory explicitness will ascertain the degree to which institutional investors establish a considerable footprint in the sector.
There have been some promising indications.
Ex-U.S. President Donald Trump endorsed an executive decree concerning the crypto industry and formed a panel to formulate a regulatory arrangement for the sector.
Furthermore, the U.S. Securities and Exchange Commission (SEC) revoked SAB 121, eliminating a hurdle that formerly deterred financial organizations from extending custody amenities for crypto resources.
Osato Avan-Nomayo is our DeFi reporter situated in Nigeria. He reports on DeFi and technology. Have a suggestion? Reach out to him at [email protected].”
