3/20/2025, 12:01:00 PM | www.alternativeswatch.com | news
New research finds institutional investors want regulatory action on digital assets
A new study from Nickel Digital Asset Management reveals that 94% of institutional investors see the U.S. Securities and Exchange Commission’s (SEC) new leadership as a positive development, with enhanced clarity on cryptocurrency classification being the most desired regulatory change. The research also highlights that 38 publicly traded companies with a combined market cap of $800 billion now hold almost $22 billion worth of Bitcoin on their balance sheets, a 196% increase from 2023. The study spans institutional investors and wealth managers from seven countries, collectively managing around $1.1 trillion in assets. The appointment of Mark Uyeda as acting SEC chair and David Sacks as Crypto Czar is expected to drive increased institutional investment in the sector, with 90% of respondents anticipating a pro-crypto stance from the new SEC leadership. Additionally, Chicago-based HFR launched 11 specialized sub-strategy indices to provide insights into the cryptocurrency and blockchain hedge fund space.