Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets

A caller survey by Fidelity Digital Assets, a subsidiary of fiscal elephantine Fidelity Investments, shows that 58% of organization investors surveyed invested successful integer assets successful the archetypal fractional of this twelvemonth and 74% program to put successful the future.

Fidelity’s Institutional Investor Digital Assets Study

Fidelity Digital Assets, a subsidiary of fiscal elephantine Fidelity Investments, released its 4th yearly “Institutional Investor Digital Assets Study” Thursday. The survey features a unsighted survey conducted betwixt Jan. 2 and June 24. A full of 1,052 organization investors successful the U.S. (410), Europe (359), and Asia (283) participated.

According to the study:

Nearly six successful 10 (58%) organization investors surveyed invested successful integer assets successful the archetypal fractional of 2022, portion 74% program to put successful the future.

In addition, 88% of organization investors surveyed “find characteristics of integer assets appealing” and 51% “have a affirmative cognition of integer assets.”

More than 81% of organization investors surveyed judge that integer assets should beryllium a portion of an concern portfolio. Nearly 39% of respondents globally that put bargain integer assets directly, with bitcoin and ether noted arsenic the astir fashionable nonstop concern assets.

Fidelity detailed:

As the integer assets marketplace and ecosystem continues to mature, less organization investors present presumption integer assets arsenic an alternate plus class, peculiarly successful the U.S. and Asia.

According to the survey, “Lack of fundamentals to gauge value, information concerns among institutions and end-clients, marketplace manipulation risks, complexity, and regulatory concerns were each cited by astatine slightest one-third of respondents arsenic a crushed wherefore they bash not presently put successful integer assets.”

Tom Jessop, president of Fidelity Digital Assets, commented: “The accrued adoption reflected successful the information speaks to a beardown archetypal fractional of the twelvemonth for the integer assets industry.” He opined:

While the markets person faced headwinds successful caller months, we judge that integer assets fundamentals stay beardown and that the institutionalization of the marketplace implicit the past respective years has positioned it to upwind caller events.

Fidelity Digital Assets has been ramping up services for organization investors funny successful having vulnerability to cryptocurrency successful their portfolios. This week, the steadfast began offering ethereum (ETH) trading.

The steadfast precocious explained however bitcoin could beryllium considered portfolio insurance. “Bitcoin remains 1 of the fewer assets that does not correspond to different person’s liability, has nary counterparty risk, and has a proviso docket that cannot beryllium changed,” Fidelity Digital Assets described.

What bash you deliberation astir this Fidelity survey connected the organization adoption of integer assets? Let america cognize successful the comments conception below.

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