Survey: 22% Of Institutional Investors Already Own Digital Assets

The start of May is rich with researches: Fidelity Investments, the United States-based asset management company, published the results of a survey showing that 22% of institutional investors already own digital assets.

The report claims that the firm surveyed 411 U.S. institutional investors among which 40% of respondents stated that they are open to future investments in digital assets in the next five years. Furthermore, almost half (47%) of respondents said that they would like to see digital assets in their investment portfolios.

Most investors (72%) choose crypto investment products, while 57% prefer to buy crypto assets directly and another 57% prefer to buy an investment product that holds digital asset companies. Tom JESSOP, president of Fidelity Digital Assets, commented on the survey results:

“We’ve seen a maturation of interest in digital assets from early adopters, like crypto hedge funds, to traditional institutional investors like family offices and endowments.”

Financial advisors (74%) and family offices (80%) are the ones to view the benefits of digital assets most favourably among the respondents.

Image courtesy of Dissolve