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Seven out of 10 institutional investors say they will buy digital assets in the not-too-distant future

Wednesday, July 21, 2021

Laxman Pai, Opalesque Asia:

According to a new survey of institutional investors, seven in 10 respondents expect to buy or invest in digital assets in the future.

The Fidelity Digital Assets survey of 1,100 institutional investors across Asia, Europe, and the US found 90% of those institutions with an interest in digital assets expect to include them in their own, or their clients', portfolios in the next five years.

"According to the study, almost nine in 10 investors find characteristics of digital assets appealing, with increases in both U.S. and Europe. Digital assets' high potential upside and low correlation to other assets have grown in appeal to institutional investors in recent years, with the potential upside gaining 16 points among U.S. investors since 2019 and 13 points among European investors since 2020," the report explained.

While adoption rates are higher in Asia (71%) than in Europe and the U.S., participation increased in both markets as 56% of European institutions and 33% of U.S. institutions now hold investments in the asset class, up from 45% and 27%, respectively, the prior year.

Today, nearly eight in 10 institutional investors believe digital assets should be part of a portfolio. This belief is strongest in Asia, where adoption rates are highest; however, European and U.S. institutions are increasingly in agreement: More than three-quarters (77%) of European investors share this belief, up from two-thirds the prior year, and 69% of......................

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