According to a recent EY-Parthenon survey, a significant 70% of crypto investors now integrate digital assets into their wealth management plans.
This shift indicates a move away from viewing cryptocurrencies merely as speculative investments.
Prashant Kher from EY highlighted that beyond trading, cryptocurrencies are increasingly being used for payments, with a 6% rise in this usage among retail investors over the past two years. Accredited investors have shown an even stronger preference for using crypto in transactions.
The survey also reveals that 64% of retail investors have already invested in digital assets, with 69% intending to increase their investments soon. This interest is fueled by the recent introduction of spot Bitcoin ETFs in the US and similar developments globally.
Furthermore, 63% of accredited investors are keen on investing in tokenized real-world assets (RWAs) by 2027. This growing interest reflects a broader desire for innovative investment opportunities.
The rise in DeFi activities, including a 16% increase in staking and an 11% boost in DeFi platform usage, underscores the expanding role of cryptocurrencies in various financial activities.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
The latest market turbulence, fueled by geopolitical tensions and investor fear, offered a textbook case of how sentiment swings and whale behavior shape crypto price action.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.