Morgan Investment Holdings surveyed some institutional investors who collectively have about $78.4 billion worth of assets in their portfolio. The study reveals that over 60% of the investors believe bitcoin price will increase in the future and attributed this to bitcoin halving and the past performance of the crypto asset.
Although the majority of the investors were optimistic about bitcoin, they claim this possible future rise in price isn’t enough to lure them. The study showed that participants were worried about the quality of custodial services available in the crypto space and the lack of adequate insurance cover for their digital assets. Learn more about this research and how Morgan Investment Holding Inc is helping institutional investors secure their digital assets here.