Goldman Sachs: 60% of Clients Plan to Increase Crypto Investment
As reported by US investment bank Goldman Sachs based on a recent survey, 60% of its institutional clients intend to increase their investment in digital assets over the next 2 years, The Block has reported.
According to the study, in which 172 people have participated, over the year, the proportion of those who diversified their investment portfolios with cryptos has increased from 40% to 51%.
In addition, 55% of respondents are ready to consider allocating 5% of capital for the purchase of digital assets. In addition to Bitcoin and Ethereum (22% response rate in both cases), clients are interested in altcoins (15%), DeFi tokens (14%) and NFTs (9%).
Last year, Goldman Sachs started offering clients the ability to trade futures and options on Bitcoin and Ethereum.
In addition, it has recently been reported Goldman Sachs and Galaxy Digital have entered into an OTC trade with a settlement option on Bitcoin.