57% of Institutional Cryptocurrency Investors Are Bullish About This Set of Catalysts for XRP and Solana
In January, Coinbase Global surveyed 352 institutional investors working in asset management companies, hedge funds, private banks, and family offices. An overwhelming majority of them controlled assets in excess of $1 billion, making them among the larger players in the markets. And per the results of that survey, there's a group of catalysts that most of those investors are excited about. XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) stand to gain quite a bit, assuming things continue as anticipated.Here's why.Of those institutional investors in the Coinbase survey, 57% said that greater regulatory clarity would be the next catalyst for growth within the digital assets industry, which includes the entire cryptocurrency sector. By regulatory clarity, they likely mean new regulations that define the terms of competition in the cryptocurrency industry -- rather than a more piecemeal approach that merely seeks to prevent criminality using frameworks applied to other markets, like the stock market.Continue reading
In January, Coinbase Global surveyed 352 institutional investors working in asset management companies, hedge funds, private banks, and family offices. An overwhelming majority of them controlled assets in excess of $1 billion, making them among the larger players in the markets. And per the results of that survey, there's a group of catalysts that most of those investors are excited about. XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) stand to gain quite a bit, assuming things continue as anticipated.
Here's why.
Of those institutional investors in the Coinbase survey, 57% said that greater regulatory clarity would be the next catalyst for growth within the digital assets industry, which includes the entire cryptocurrency sector. By regulatory clarity, they likely mean new regulations that define the terms of competition in the cryptocurrency industry -- rather than a more piecemeal approach that merely seeks to prevent criminality using frameworks applied to other markets, like the stock market.
