Most Institutional Investors Expect to Buy Digital Assets in Future: Report

Over half of those surveyed by financial industry analytics firm Coalition Greenwich said they had digital asset investments already.

AccessTimeIconJul 20, 2021 at 8:46 a.m. UTC
Updated Sep 14, 2021 at 1:27 p.m. UTC

A study on behalf of Fidelity Digital Assets found that seven in 10 institutional investors expect to buy or invest in digital assets in the future, Reuters reported Tuesday.

  • Over half of those surveyed between December 2020 and April 2021 by financial industry analytics firm Coalition Greenwich said they already had digital-asset investments, according to the report.
  • Coalition Greenwich surveyed 1,100 global institutional investors.
  • Of those interested in investing in the future, around 90% expected their companies' or clients' portfolios to have digital asset exposure within five years. Exposure may be through stocks in cryptocurrency firms, investment products with crypto exposure or direct investment in crypto itself.
  • Volatility was cited as the biggest obstacle to crypto investment, with concerns around market manipulation and a lack of fundamentals to determine crypto's value also offered as issues.
  • The findings are in line with other surveys that have shown institutional investors are planning to increase their crypto exposure in the years ahead.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
DeFi Troubles in a Bear Market

Notional Finance CEO Teddy Woodward discusses the current crisis facing many DeFi lending and borrowing protocols.

CoinDesk - Unknown
2
CoinDesk - Unknown
Bitmark Raises $5.6M, Launches Interoperable NFT Wallet

The wallet, named “Autonomy,” is looking to bridge the gap between mainstream art collectors and the world of NFTs.

CoinDesk - Unknown
3
CoinDesk - Unknown
Solana-Based Chingari Tokens Plunge 87%, Developers Flag Big Sell Order

The team denies rumors of an exploit or insider trading.

CoinDesk - Unknown
4
CoinDesk - Unknown
Belgium Regulator Ponders Crypto as a Security

The EU’s landmark crypto law won’t take effect for a couple of years, but existing stock-trading rules may still apply, financial regulator FSMA says.

CoinDesk - Unknown