60% of investors believe ETH has better growth potential than BTC – CoinShares survey reveals

Around 60% of investors judge that Ethereum (ETH) has a much compelling maturation outlook, according to a survey by CoinShares.

As opposed to the 60% siding with ETH, lone 30% of the respondents said Bitcoin (BTC) had the astir compelling maturation outlook, according to the CoinShares survey.

The survey included 43 investors who managed a full of $390 cardinal worthy of assets. Among the participants, those who identified arsenic Wealth Managers (25%) and Family Office (25%) accounted for fractional of the group. Another 22% and 17%  identified arsenic Hedge Fund and Institutional, respectively.

Year-to-year changes

It tin beryllium seen that a bulk of investors shifted to ETH from BTC erstwhile comparing the latest results with results from 2022.

The bluish columns connected the illustration beneath correspond the latest results, portion the reddish marks amusement the results from past year’s survey.

Coins with the astir compelling maturation outlook Source: CoinShares

Only 40% of the respondents said ETH had much compelling maturation potential, portion lone a small little than 40% chose BTC successful the 2022 survey. In 1 year, investors who opted for ETH spiked to 60%, portion the ones who voted for BTC fell to 30%.

Even though investors distanced themselves from BTC, this year’s results amusement an summation successful the fig of investors who invested successful it. 30% of the participants ain BTC, which marks an summation from 24% successful 2022, according to CoinShares.

Digital assets successful portfolios

The latest numbers indicated that integer assets accounted for 1.1% of portfolios, which marks a important summation from past year’s 0.7%.

Portfolio positioning (Source: CoinShares)

Hedge Funds particularly person considerably accrued their investments successful integer assets, CoinShares information revealed. In the meantime, organization investors reduced their integer assets to beneath 1%.

The station 60% of investors judge ETH has amended maturation imaginable than BTC – CoinShares survey reveals appeared archetypal connected CryptoSlate.