Financial corporation Fidelity Investments, managing $7.2 trillion worth of funds, discovered that 36% of polled 774 large clients in the USA and Europe added digital assets to their portfolio.
“The results confirm growing interest and acceptance of digital assets and as new investment asset class”, — Tom, the president of Fidelity Digital Assets, thinks.
According to the research, the major barrier to wider cryptocurrencies acceptance remains their volatility.
In the USA the part of institutional investors, pension funds, family capital management companies, investment advisors and hedge-funds, which have added cryptocurrency to the arsenal of used financial instruments, has increased from 22% to 27% for the previous year. Over a quarter of respondents hold Bitcoin, each ninth prefers Ethereum.
According to the poll, in Europe operations with cryptocurrency do 150 of 333 polled investors.
“Likely, Europe is the most supportive and disposable jurisdiction. This may be connected with the prevalence of negative interest rates. Investors may prefer Bitcoin, because other assets do not bring profit”, — Jessop found the background.
There is an opinion that launch of custodial solutions aimed at institutional investors and prime brokerage of companies such as BitGo and Genesis confirm his words.