According to a recent report by Binance’s research arm and VIP & Institutional team, it has been discovered that a majority of Binance’s institutional clients maintain a positive outlook on cryptocurrency, despite recent market difficulties. The report involved 208 client respondents who provided their insights.
The report reveals that 52% of the respondents have crypto assets under management amounting to less than $25 million, while 22.6% of respondents hold assets exceeding $100 million.
Furthermore, 63.5% of the respondents express optimism regarding the future of cryptocurrency within the next 12 months. The level of optimism rises even higher when looking at their outlook for the next decade, with an overwhelming majority (88.0%) indicating their positive stance.