Goldman Sachs: 60% of our clients will increase crypto investments in the next two years

Goldman Sachs clients are increasingly interested in buying cryptocurrencies, according to a survey by the US bank.

- Advertisement -

As noted, most [of its clients] plan to increase investment in digital assets.

In particular, GS surveyed 172 clients, with 60% of respondents intending to increase the proportion of virtual currencies in their portfolios within one or two years.

Related: 3 Out of 5 Goldman Sachs Clients are Confident About Crypto

In addition, a third (32%) of them said they would “significantly” increase investment in cryptocurrencies. To date, 51% of respondents report investing in cryptocurrencies. A year ago this figure was 40%.

- Advertisement -

55% of respondents plan to invest in digital assets up to 5% of the total investment portfolio.

There was also a significant increase in institutional investors’ interest in collectible tokens (NFTs), altcoins and decentralized finance (DeFi).

Naturally, most investors prefer to invest in BTC and ETH (22%), while 15% of respondents expressed interest in altcoins. Another 14% of respondents are considering investing in DeFi, while NFTs attract only 9% of respondents so far.

Related: Top 10 Best DeFi Tokens to Invest in 2022

Previous Articles:

- Advertisement -

Latest News

Super Bowl watchers boo low-effort Coinbase karaoke ad

Coinbase's Super Bowl ad featuring a Backstreet Boys karaoke segment was booed by live...

Bitcoin Stabilizes Amid Range-Bound Forecasts, Whale Activity

Bitcoin (BTC) held steady after Monday's Wall Street open, maintaining calm while Gold prices...

Figure Heloc Token Hits Top 10 Amid Crypto Ranking Debate

Figure's Home Equity Line of Credit (Heloc) token has grown to over $15 billion,...

Markets Rebound on ‘Buy the Dips’ Sentiment

Recent market volatility was driven by technical deleveraging, not fundamental policy changes.The selloff began...

Savannah Guthrie’s Mother Kidnapped, $6M BTC Ransom Demanded

The 84-year-old mother of TV host Savannah Guthrie was abducted from her Arizona home...

Must Read

How Cryptocurrency Works For Beginners?

Welcome to the world of cryptocurrency! If you're new to this exciting and rapidly evolving landscape, you might feel like Alice in Wonderland, exploring...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!