Digital Asset Fund Manager Survey - Jan 23

Dramatic rise in positive sentiment towards Ethereum. Investors expect regulation, not a ban

• Ethereum has seen a dramatic rise in investor sentiment, with a record 60% of survey respondents believing it has the most compelling growth outlook.

• Digital assets weighting in portfolios have risen from their survey lows to represent 1.1% of portfolios, up from the October survey where they were just 0.7%.

• Investors keys reasons for investing in digital assets are both speculative and exposure to distributed ledger technology.

• Regulation concerns have increased, although far few expect political blockers and a government ban. This suggests investors see regulation being the solution rather than an outright ban.