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The Vast Majority of Institutional Investors Will Own Cryptocurrency By 2026

21 July 2021 15:00, UTC
Anna Martynova

According to a survey published by Fidelity Digital Asset, 70% of institutional investors plan to buy digital assets or invest in digital assets in the near future, and 90% of those surveyed plan to enter the crypto market by 2026. 1,100 institutional investors from the US, Asia and Europe took part in the survey.

It found that 52% of those surveyed are currently investing in digital assets. The survey also showed that institutional investors in Asia are significantly more conscious than investors in Europe and the United States. The adoption rate for cryptocurrencies in Asia is 71%, followed by Europe with 56% and the US with 33%.

The growing interest in cryptocurrencies shows that institutional investors have begun to gain a deeper understanding and acceptance of the asset class. In addition, nine out of ten investors surveyed said they find the high price potential and low correlation of cryptocurrencies with other assets attractive.

Image: Citywire