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Survey Shows More Large Institutional Investors Now Holding Cryptocurrencies
Summary: A survey from financial services company Fidelity Investments found that over a third of large institutional investors own crypto assets, per Bloomberg.
A survey from financial services company Fidelity Investments found that over a third of large institutional investors own crypto assets, per Bloomberg.
The survey covered 774 participators in Europe and the U.S. Among them, 36% admitted having cryptocurrencies like Bitcoin or derivatives. The percentage in the U.S. alone amounts to 27%, a 5% increase from last year. Among the participants, more than 15% of them hold Bitcoin, whereas 11% hold Ethereum, the second-largest cryptocurrency by market cap.
“These results confirm a trend we are seeing in the market towards greater interest in and acceptance of digital assets as a new investable asset class,” said Tom Jessop, president of Fidelity Digital Assets.
By Dawn Wu
Tags: Crypto Assets,Institutional Investor
Link: Survey Shows More Large Institutional Investors Now Holding Cryptocurrencies [Copy]
