Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin (BTC) and Ether (ETH), and a “significant majority” said they plan to boost crypto allocations to 5% or more of their portfolios, the report said. They are motivated by the view that “cryptocurrencies represent the best opportunity to generate attractive risk-adjusted returns over the next three years,” according to the report.
Coinbase, the US’ largest crypto exchange, and EY-Parthenon, a consultancy, based the findings on interviews with more than 350 institutional investors in January. Among institutional altcoin holdings, XRP (XRP) and Solana (SOL) are the most popular, the survey found. Coinbase and EY-Parthenon surveyed more than 350 financial institutions on crypto.
Source: CoinbaseRelated: Stablecoin adoption, ETFs to propel crypto performance in 2025: CitiAltcoin ETFs incomingAltcoin holdings could rise even further if US regulators approve planned exchange-traded fund (ETF) listings this year.
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Author / Journalist: Cointelegraph by Alex O’Donnell
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