Investors have more faith in BTC and ETH according to CoinShares
Europe's largest crypto asset holding company, CoinShares, has published data from a new report on investor sentiment in digital currencies. It turned out that traders are actively investing in BTC and ETH.
According to CoinShares, investor interest in Bitcoin and Ethereum is improving amid a correction in the cryptocurrency market. But for other altcoins, including coins from the TOP, for example - Cardano (ADA), Solana (SOL), interest has declined. Attitude towards Polkadot (DOT) remained at the same level.
The number of opened positions increased from 10 to 16 percent. Also, the majority of respondents noted that inflation has an active influence on the market. Moreover, this trend is considered constant by about 64% of investors.
Also, judging by the survey, which the company conducts every 2 months, it turned out that the number of investors concerned about the over-regulation of cryptocurrency assets has increased. This figure has doubled.
In many ways, this is due to the negative attitude of the SEC towards startups, numerous lawsuits and proceedings with the creators of cryptocurrencies. Also, traders are concerned about the actions of the European regulator MiCA.
The survey was conducted among traders managing $250 billion in cryptocurrency assets. Most of them are geographically located in the United States, Europe and the Middle East regions.
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