News

A new international survey from Fidelity Digital Assets indicates a growing acceptance of crypto among institutional investors around the world.

Fidelity surveyed 1,100 respondents from the United States, Europe, and Asia. They represented financial advisors, high-net-worth investors, family offices, crypto hedge funds, venture capital funds, traditional hedge funds, pension funds, defined-benefit plans, endowments, and foundations.

ADVERTISEMENT


 

According to the firm, 52% of the investors surveyed globally have an investment in digital assets. Asia leads the pack by a wide margin, with 71% of its surveyed investors allocating some of their portfolios into crypto. That compares to 56% in Europe and only 33% in the United States.

Despite the country’s comparatively low numbers, the U.S. did see an increase from the 27% of American respondents who said they had crypto holdings in Fidelity’s 2020 survey.

Fidelity also notes that US investors appear to prefer digital asset investment products to making direct purchases of crypto.

“This year, 18% of respondents in the U.S. said they bought or invested in digital assets through an investment product, compared to 8% the previous year. This uptick in adoption via investment products is likely supported by an increase in the number of public trust-structured investment products now available in the U.S., in addition to an array of private fund offerings issued by managers throughout the past year.

14% of U.S. investors surveyed shared that they invested directly in digital assets (compared to 16% in the previous year).”

The survey also indicated that 70% of all investors had a “neutral-to-positive” perception of digital assets.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

ADVERTISEMENT


 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/jesadaphorn/Vladimir Sazonov

Products You May Like

Articles You May Like

Grandpa Secret Tokens Crypto in Medicine
UAE regulators approve crypto trading in Dubai free zone
Altcoins see a 35% bounce after Bitcoin reclaims $43,000
HeroVerse is Revolutionising How People Play Blockchain Games
Live Bitcoin Trading 24/7 * Back to square 1 *
Bitfinex launches the first L2 bridge from CeFi to DeFi

Leave a Reply

Your email address will not be published. Required fields are marked *