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Institutional investors to become dominant players in digital assets market

CryptocurrenciesProfessional investors are set to replace their retail counterparts as the major holders of digital assets, according to recently published research.

The study was conducted by Canada-based digital currency asset manager Grayscale Investments.

It found that 71% of professional investors expect institutions to hold 60% of digital assets within seven years.

Such a scenario would be a reverse of the current market status where institutional investors hold just 3% of digital assets with retail investors holding the remaining 97%.

The research found a number of drivers for the trend including the ability for hardware providers in the digital mining sector to expand into cloud computing expenditure.

The study surveyed 105 professional investors in Europe who control $182.5 billion in assets under management.

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