Global wealth fund managers have expressed their confidence in Ethereum (ETH) as the leading asset with the highest growth projection, despite its recent slow price increase, according to a new survey. The CoinShares Digital Asset Quarterly Fund survey provides an analysis of market-related activities, regulation, and institutional investment in the ecosystem, among other factors. The study reveals that major investment firms believe that Ether has the most promising growth prospects compared to other top coins, even though its products have performed poorly this year. Out of the 55 participants surveyed, 45% viewed ether as having the most potential for growth, while 39% favored the market leader, Bitcoin. Solana, which is renowned as a favorite among institutional investors for its related products, received 6% of the votes.
The survey demonstrates positive indications surrounding the largest altcoin following weekly outflows in its investment products, which led to its label as the “least loved altcoin in 2023.”
