A survey by NFTEvening, in collaboration with Storible, revealed that 79% of FTX collectors interviewed intend to reinvest the reimbursement again into crypto. This consequence displays a robust dedication to the cryptocurrency sector, regardless of the losses.
FTX Collectors and the Option to Reinvest the Refund in Crypto
NFTEvening, in collaboration with Storible, interviewed 1,016 FTX collectors on February 19, 2025, asking them how they intend to make use of their reimbursement.
From what has emerged, it appears that evidently 79% of FTX collectors have said that they may reinvest in cryptocurrencies, revealing the robust dedication in the direction of the crypto sector regardless of the losses incurred.
By way of sums of cash, it has been discovered that such investments in crypto are on common 29% of the reimbursement funds.
Among the many varied cryptos, the selection to spend money on the crypto Solana (SOL) stands out and in its ecosystem. In truth, 62% of FTX collectors said they wish to buy SOL with their reimbursement. Furthermore, 44% said they might reinvest in Solana-based initiatives.
By way of blockchain and ecosystems, the rostrum of probably the most chosen cryptos by FTX collectors sees Ethereum (ETH) in second place, with 31%. In third place, nonetheless, there may be 16% of FTX collectors who said they like initiatives primarily based on BNB.
FTX Collectors: Solana, Ethereum, and BNB, but in addition memecoin and AI crypto
In keeping with the general survey outcomes, it appears that evidently the development amongst FTX collectors who’re recovering their funds after two years is to proceed believing within the crypto sector.
Due to this fact, main the best way are the ecosystems of Solana, Ethereum, and BNB. But, there are additionally different decisions which have made their manner into this specific survey.
In truth, though in smaller portions, the collectors of FTX have revealed a robust curiosity in reinvesting their repayments within the memecoin and AI crypto classes as properly.
In truth, the survey discovered that one-third of FTX collectors are concentrating on memecoins, whereas 31% wish to prioritize AI-related crypto (AI).
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On February 18, the failed crypto-exchange FTX introduced that it had began the primary cycle of reimbursements. Collectors would see their funds returned inside 1-3 enterprise days from that date.
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Not solely that, along with this “preliminary distribution,” FTX additionally introduced the date of the “subsequent distribution.” Admitted collectors will have the ability to full their registration by April 11, 2025, after which, if accepted, they may obtain their funds on Could 30, 2025.
Supporting FTX with the distribution of refunds are Kraken and BitGo.
The costs of SOL, ETH, and BNB
Whereas Bitcoin just isn’t even talked about within the survey, the brand new crypto investments by FTX collectors may result in optimistic penalties for the costs of SOL, ETH, and BNB, each immediately and not directly.
In any case, trying on the present worth charts, SOL, ETH, and BNB are presently a bit removed from their costs a month in the past.
With the bull run pushed by Trump’s victory within the USA presidential elections in November 2024, SOL had reached highs of over $260, ETH over $4000, and BNB over $750.
On this month of February 2025, the final scenario of the crypto market has considerably adjusted. SOL has dropped to succeed in lows of $165, ETH $2,520, and BNB $545.