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Ethereum ETH/USD has seen a dramatic increase in investor sentiment, with mainstream investors believing it has compelling growth.
What happened: According to a CoinShares survey, a record 60% of respondents believe Ethereum is the asset with the most growth potential, surpassing Bitcoin, which investors say has just 30% compelling growth prospects.
See More: Top Indian Apps That Offer Bitcoin, NFT Rewards
Regulatory concerns have risen, although very few expect political blockers and a government ban. This suggests that investors see regulation as the solution rather than an outright ban, the report notes.
The survey further indicated that more than 30% of investors invested in Bitcoin while 28% invested in Ethereum.
The weighting of digital assets in portfolios rose from their survey lows to represent 1.1% of portfolios, up from 0.7% in the October survey, according to the CoinShares report.
The report states that the main reasons investors invest in digital assets are both speculative and exposed to distributed ledger technology.
Price Action: ETH was trading at $1,579, down 1.50% in the past 24 hours, according to data from Benzinga Pro.
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Sources 2/ https://news.google.com/__i/rss/rd/articles/CBMihAFodHRwczovL3d3dy5iZW56aW5nYS5jb20vbWFya2V0cy9jcnlwdG9jdXJyZW5jeS8yMy8wMS8zMDU5OTMxNy82MC1vZi1pbnZlc3RvcnMtcGxhY2UtYmV0cy1vbi1ldGhlcmV1bS1vdmVyLWJpdGNvaW4tY29pbnNoYXJlcy1zdXJ2ZXnSAS1odHRwczovL3d3dy5iZW56aW5nYS5jb20vYW1wL2NvbnRlbnQvMzA1OTkzMTc?oc=5 The mention sources can contact us to remove/changing this article |
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