New Report: 46% of German Funds are Interested in Bitcoin

With a recently passed German law that allows the major German funds to invest in Bitcoin and other cryptocurrencies, many are on board and want to pull the trigger on this thing. According to this law, about 20% of the proceeds from German funds can be invested into Bitcoin. There was recently a survey conducted in major German territory. These investment funds were asked to participate in it. About 70 plus funds participated in this survey. According to the results, 46% of these funds are interested in putting their proceeds into Bitcoin and Ethereum.  

The survey further dictated that about 88% of these German funds have not invested a dime in Bitcoin or any other cryptocurrency for that matter, only 4% of these funds have invested some of their proceedings into Bitcoin, and to even the odds, about 8% are not even sure if they want to do it or not. 6.6% of these funds are currently executing board meetings and are discussing the matter with their stakeholders if they should go for investing this year or simply wait it out. 

13.2% of these farms have made bed mind invest in Bitcoin, but they are still exploring the crypto space; in a way, they’re trying to exclude every ounce of doubt from this investment to make it as secure as possible.  

Majority of Funds Currently have no Plans to Invest in Digital Assets

But this is the crypto market we are talking about; this is the place that generates volatility; nothing is sure everything is uncertain; that is why it won’t work for this 13.2% if they’re still scratching the surface of this thing. 26.3%, on the other hand, are very much aware of their investing strategy, and they are willing to invest in these digital assets, but they want to wait it out until the market is more mature.   The remaining 53.9% argue that they are not going to invest at all into Bitcoin or any other altcoin for that matter in the next three to five years, they want a window, and that is exactly what they are reaching for. 15% of these funds have agreed that the crypto space is way out of their league, but in the upcoming years, they will invest in the market and hopefully be able to see great returns on their investment.

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