A new poll conducted by digital asset investment firm CoinShares shows close to half of investors believe a single crypto asset now has the highest upside potential – and it’s not Bitcoin (BTC).
According to the survey, 42% of investors view Ethereum (ETH) as the most attractive crypto asset based on potential growth, beating Bitcoin by 24 percentage points.
CoinShares says that year-to-date, Ethereum’s market share of crypto assets under management has grown by 15 percentage points.
After Bitcoin, investors say they’re most bullish on Cardano (ADA), Polkadot (DOT), Solana (SOL), Terra (LUNA), Radix (XRD), and XRP (XRP).
The survey says that about a third of all investors put their money in crypto assets for speculative purposes, while a quarter seek to diversify their portfolio.
One of the major reasons preventing investors from putting their money into crypto assets is regulatory uncertainty.
The major risks, according to the CoinShares survey, include government bans and regulations.