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31 July 2021

Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests – Bitcoin News

Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests – Bitcoin News


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Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility.

Despite the uncertain regulatory environment in the crypto space, 70% of institutional investors are likely to acquire digital assets in the near future, a study carried out for Fidelity Digital Assets has indicated.

Over half of them said they had already invested in digital assets, either via direct purchase of cryptocurrency and related investment products or through acquisition of stocks of crypto companies.

In a vote of confidence, 100 CFOs said their funds would hold an average of 7.2% of their assets in cryptocurrency by 2026, or over an estimated $300 billion.

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