A total of 46% of German funds are interested in BTC

According to a survey of more than 70 investment funds, 46% of funds in the German-speaking region of Austria, Germany and Switzerland (DACH region) are interested in cryptocurrencies such as BTC and ETH.

Big tide in three years

The survey found that 88% of German funds do not invest in BTC, with only 4% investing in cryptocurrencies, while 8% did not comment.

The survey also revealed that 6.6% is in the late stages of planning and will invest as early as this year, which would mean more than doubling German-speaking crypto-holding funds.

13.2% are going to invest, but they are still exploring this area. While 26.3% are interested in digital assets, they are still waiting for further maturation. The remaining 53.9% say they are unlikely to invest in the next three years.

“According to the study, an inflow of $ 100-657 billion into the digital asset market from the DACH region alone can be expected within three years.”

– says Arthur Capella from the technology think tank Mindsmith, which conducted the survey.

Funds are interested in BTC, but not in DeFi

Interestingly, 33.8% of respondents say they are unsure whether to use DeFi services when investing in cryptocurrencies, suggesting that awareness of DeFi services is very low, with only 14% of respondents saying they would consider use of decentralized funding.

15 percent of respondents say cryptocurrencies are currently outside the scope of their investment mandate, which may have changed with the entry into force of the Fund Placement Act this Monday, which allows special funds (“Spezialfonds”) to invest up to 20% of their assets. active in BTC or Etherea.

According to this survey, 7% of them will do so this year, and almost half of them can invest in the crypto fund in the next three years, which, given a higher estimate of how many funds can enter the crypto fund from the DACH region, could mean an inflow of almost the same amount as the current market capitalization of BTC.

Conclusion

Germany has some of the most favorable regulations for cryptocurrencies and encourages special funds to invest up to 20% in cryptocurrencies. Do you think other countries will sometimes follow this example, or will they rather try to reduce cryptocurrencies as much as possible?