On July 30th, Nickel Digital Asset Management, a digital asset hedge fund management company, released the results of the survey, saying that the agency recently conducted research on institutional investors and wealth managers in the United States, the United Kingdom, Germany, Switzerland, Singapore, Brazil and the United Arab Emirates, and the total asset management size of the respondents is about 1.70 trillion US dollars. About one-fifth (20%) of the surveyed companies currently expect Bitcoin to reach 100,000 dollars within two years. In addition, the agency found that respondents' confidence in the price performance of Bitcoin and Ethereum is translating into support for counterfeit products and other digital assets. Almost all respondents (98%) believe that counterfeit products and other digital assets will attract more investment, compared to only 83% in January. Nickel Digital Asset Management is a European-based digital asset hedge fund management firm founded by former Bankers Trust, Goldman Sachs, and JPMorgan Chase employees.