A study by Fidelity’s Cryptocurrency business found that Seven 10 institutional investors expect to invest in or buy digital assets in the future.
Over half of those surveyed between December 2020 and April 2021 by Coalition Greenwich said they had digital asset investments. Coalition Greenwich surveyed 1100 global institutional investors. Around 90% of those interested in investing in the future said they expected their company’s or client’s portfolios to include digital asset exposure within the next five years.
Exposure may be through stocks in cryptocurrency firms, investment products with crypto exposure, or direct investment in crypto itself. Those surveyed included high net worth investors, family offices, digital and traditional hedge funds, financial advisors, and endowments.
The firm surveyed cited price volatility as the biggest obstacle for new investors, followed by a lack of fundamentals needed to determine crypto value.