A recent survey from Fidelity shows 58% of institutional investors already own cryptocurrency.
Institutional Investor Presence In Crypto Sector Continues To See Growth This Year
As per data from an institutional investor digital assets study by Fidelity, digital asset ownership among these investors has gone up by 6% during the past year, despite the industry being deep into a bear market.
The survey was conducted between January and June of this year, and included 1,052 respondents in total. Some 410 of these investors were based in the U.S., 283 in Asia, and 359 in Europe.
The institutional investor type composition looked like this:
Financial advisors seem to have occupied the largest portion of the study participants | Source: Fidelity 2022 Institutional Investor Digital Assets study
As for the results of the study, a blog post from Arcane Research has neatly summed up the year-to-year comparison…