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Institutions look to altcoins as digital optimism surges (research Nickel Digital Asset Management)

Confidence in the continuing strength of Bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, new global research by London-based Nickel Digital Asset Management (Nickel), Europe’s leading regulated and award-winning, regulated digital assets hedge fund manager founded by alumni of Bankers Trust, Goldman Sachs and JPMorgan, shows.   Up to 83% of institutional investors and wealth managers believe the recent strong performance of the two leading cryptocurrencies will fuel demand for other digital assets, the study with investors in the US, UK, Germany, Switzerland, Singapore, Brazil and the United Arab Emirates who collectively manage around $815 billion in assets found. Nearly three out of four (72%) are confident Bitcoin will breach the...
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