Despite Bitcoin (BTC) and various altcoins not yet experiencing the anticipated strong rebound, institutional investors generally expect cryptocurrency prices to rise in the coming months.
According to a survey conducted jointly by Coinbase and EY-Parthenon, most respondents indicated that they expect cryptocurrency prices to show an upward trend within the next 12 months.
This survey, conducted in January of this year, interviewed 351 institutional investors. The results showed that as many as 73% of respondents plan to increase their investments in the cryptocurrency space by 2026, while 74% predict that cryptocurrency prices will rise in the next 12 months.
David Duong, Coinbase's Head of Institutional Research, commented on the survey results: “Market participants remain highly interested in cryptocurrencies, expecting to see stricter risk control measures while also wanting to maintain their current asset allocations.”
Among the institutions participating in the survey, two-thirds of respondents stated that exchange-traded funds (ETFs) and other regulated financial instruments have become their preferred channels for entering the cryptocurrency market.
In this context, most respondents view regulatory policies as a key factor driving increased participation from institutional investors.
Another significant finding in the survey results pertains to the use of stablecoins. The data shows that 85% of respondents are currently using or planning to use stablecoins for payments and treasury transactions. Among these, payment processing and internal cash management were identified as the primary uses.