Fidelity Digital Assets Report Finds Nearly 60% of Surveyed Institutional Investors Have Invested in Crypto

A brand new survey from monetary providers large Constancy reveals {that a} majority of institutional buyers have already invested in crypto belongings.

In a report from Constancy Digital Belongings, a crypto arm of the agency, president Tom Jessop says that the business is in a part of “institutionalization” because it emerges from a bear market cycle.

“The elevated adoption mirrored within the knowledge speaks to a powerful first half of the yr for the digital belongings business. Whereas the markets have confronted many headwinds in latest months, we imagine that digital belongings
fundamentals stay sturdy and that the institutionalization of the market over the previous a number of years has positioned it to climate latest occasions. Institutional buyers are skilled in managing by means of cycles, and the largely inherent components that they cited as interesting on this research will seemingly stay because the market emerges from this era.”

In accordance with the report’s survey, eight in 10 institutional buyers imagine that digital belongings have a spot in a portfolio, and almost six in 10 (58%) have already invested within the asset class. Traders in Asia and Europe have been discovered to have extra acceptance of digital belongings than buyers within the US.

The surveyed buyers reported that the biggest impediment to investing in digital belongings was volatility, with a median of fifty% of respondents from every geographical area citing it as an issue.

“Different issues cited by buyers surveyed embody lack of fundamentals to gauge applicable worth (37%), issues round safety (35%) and market manipulation (35%), and issues across the regulatory classification of sure cash as unregistered securities (33%).”

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