A new survey has found a growing interest from institutional investors to invest in digital assets, industry website Coindesk has reported.
Fidelity Investments yesterday published research showing that around 22% of investors already had some exposure to digital currencies, while 40% were open to tap into the sector in the next five years. According to Fidelity, the survey was conducted among over 400 US institutional investors, including hedge funds and financial advisers – both crypto and traditional ones – pensions, family offices, endowments and foundations.
‘Maturation of interest’
Some 57% of respondents said they wanted to invest in digital assets directly, while 72% are interested in investment products that hold digital assets. Some 57% also expressed interest in investment products that hold digital asset firms.
“We’ve seen a maturation of interest in digital assets from early adopters, like crypto hedge funds, to traditional institutional investors like family offices and endowments,” Tom Jessop,…