Investors managing $640 billion were asked: 3 altcoins stood out

Crypto investment company CoinShares published its October research revealing the preferences of professional investors regarding the cryptocurrency market.

According to the survey participated by 28 investors managing approximately $642 billion in assets, the average share allocated to cryptocurrencies in portfolios increased from 1.2 percent in July to 1.3 percent.

The research showed that investors are shifting from traditional assets such as stocks and bonds to alternative investment instruments, including commodities and cryptocurrencies.

Moving from Cardano to HYPE, SUI and UNI

One of the notable developments in the report was the change in altcoin preferences of professional investors.

According to CoinShares, while interest in old generation cryptocurrencies such as Cardano has decreased, projects such as Hyperliquid (HYPE), Sui (SUI), Uniswap (UNI), Near (NEAR), Aave (AAVE) and Chainlink (LINK) have become more prominent.

There was also a limited improvement in expectations for Ethereum and Solana.

However, Bitcoin and Ethereum maintain their core positions in investor portfolios. The two cryptocurrencies account for a combined 47 percent of survey responses regarding current positions.

Bitcoin also remains by far the cryptocurrency in which participants see the highest growth potential.

Speculation gives way to portfolio diversification

Another important finding of the research was the change in the justifications for cryptocurrency investments.

Portfolio diversification stood out as the most important reason for investors to turn to cryptocurrencies, with a share of 40 percent.

Speculation, which was one of the main reasons for investment in the past years, fell below 9 percent and fell to fifth place.

According to the report, there was an increase in the number of participants who found the current price levels attractive in terms of investment, while the proportion of those who cited customer demand as a reason for investment decreased.

Fed and regulatory uncertainty raise concerns

The biggest obstacles for participants who have not yet invested in cryptocurrencies continue to be regulatory uncertainty and in-house investment restrictions.

Participants with cryptocurrency investments consider price volatility as the most important risk.

CoinShares pointed out that delays in the cryptocurrency market structure regulation, known as the CLARITY Act in the USA, increased the uncertainty in the sector.