A new international survey from Fidelity Digital Assets indicates a growing acceptance of crypto among institutional investors around the world.
Fidelity surveyed 1,100 respondents from the United States, Europe, and Asia. They represented financial advisors, high-net-worth investors, family offices, crypto hedge funds, venture capital funds, traditional hedge funds, pension funds, defined-benefit plans, endowments, and foundations.
According to the firm, 52% of the investors surveyed globally have an investment in digital assets. Asia leads the pack by a wide margin, with 71% of its surveyed investors allocating some of their portfolios into crypto. That compares to 56% in Europe and only 33% in the United States.
Despite the country’s comparatively low numbers, the U.S. did see an increase from the 27% of American respondents who said they had crypto holdings in Fidelity’s 2020 survey.
Fidelity also notes that US investors appear to prefer digital asset investment products to making direct purchases of crypto.
“This year, 18% of respondents in the U.S. said they bought or invested in digital assets through an investment product, compared to 8% the previous year. This uptick in adoption via investment products is likely supported by an increase in the number of public trust-structured investment products now available in the U.S., in addition to an array of private fund offerings issued by managers throughout the past year.
14% of U.S. investors surveyed shared that they invested directly in digital assets (compared to 16% in the previous year).”
The survey also indicated that 70% of all investors had a “neutral-to-positive” perception of digital assets.
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