Fidelity Says More Institutional Investors Are Holding Crypto
- Respondents in Asia, Europe more likely to own digital assets
- Price volatility, security questions remain top concerns
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Institutional acceptance of cryptocurrencies increased this year even as prices tumbled as more investors begin to view digital assets as worthwhile holdings, according to a Fidelity Investments survey.
Nearly 60% of institutional investors surveyed said they were invested in digital assets in the first half of the year, a six-point increase from last year. The Institutional Investor Digital Assets Study found that four-in-five investors believe that investment portfolios should include digital assets.