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A survey conducted by Fidelity Digital Assets revealed 90% of institutional investors are planning to own crypto by 2026. As revealed in the recently conducted survey, the interest is strongest in Asia followed by Europe and the USA, where bullish behavior has been noticed.
Fidelity Digital Assets Survey Tells 90% Investors Will Own Crypto by 2026
It has been witnessed lately that the number of institutional investors, funds and wealth managers, and other entities related to this have grown significantly. They are expected to continue to surge in numbers in near future.
In accordance with the survey conducted by Fidelity Digital Assets, around 70% of the institutional investors have intentions to purchase digital assets or to invest in them in near future.
Over 90% of the people involved in the survey revealed that they have plans in their minds to own crypto and digital assets by 2026.
While the crypto industry stirs optimistic surveys on a regular basis, the Fidelity survey findings are worth noting given the size of the company and the influence on the wider financial markets.
The findings are also a bit of bright news for the industry at a time when the markets have been mired in a collapse of month-long.
Tom Jessop Ascribes The Bullish Findings to a Heighting Sophistication
The President of Fidelity Digital Assets, Tom Jessop ascribes the bullish findings to a rising sophistication toward cryptocurrencies among professional fund managers.
In addition to this, Tom released a statement that said:
“The pandemic—and fiscal and monetary measures in response to it—has been a catalyst for many institutional investors to define their investment thesis and operationalize it.”
The survey was conducted with 1,100 institutional investors roughly divided across the United States, Europe, and Asia.
Moreover, the survey revealed that Asian investors are having considerably more exposure to the crypto-assets at present.