The news on December 8, looked at in many ways. 2021 is the year when cryptocurrency is finally accepted by institutional investors.
Now, these money managers say that the asset class has matured and will face heavy selling pressure next year. According to a survey conducted by the French Foreign Trade Bank Investment Management Company, digital assets are the assets most likely to undergo a “major adjustment” in 2022. Nearly three-quarters of the surveyed institutions said that this investment is not suitable for most retail investors. At the same time, of all institutions surveyed, 28% currently invest in cryptocurrencies (nearly one-third of them stated that they plan to increase the allocation of cryptocurrencies next year), and 8% (including those who have currently invested and have not invested in digital assets) Plans to increase its configuration next year.