A third of institutional investors work with digital assets, according to a Fidelity poll

According to a study by a holding companyFidelity Investments, 80% of institutional investors consider digital assets an attractive investment option, and more than a third already work with them.

From November 2019 to March 2020 there was774 organizations worldwide surveyed. 36% of respondents said they have already invested in digital assets or their derivatives. For European institutions, this figure exceeded 50%, while for American institutions it was only 27%.

Among those who work with digital assets, Bitcoin is the most popularinstruments, it is chosen by more than 25%companies, and another 11% own ether. At the same time, 60% of cryptocurrency supporters usually make transactions on spot markets, and 40% prefer derivatives.

Although only a third of all respondents confirmed thatthat have already invested in digital assets, only 20% of all organizations consider this direction unattractive. When predicting the composition of their portfolio five years from now, 91% of respondents expect cryptocurrencies to account for at least 0.5%.

According to Fidelity Research ManagerInvestments Rii Bhutori, in the digital assets of investors are most attracted by their uncorrelated nature and huge growth potential. However, in parallel, they also face high volatility, a lack of a base for valuing and market manipulations. Therefore, if service providers in this market in the near future do not provide investors with all the necessary tools, then the current fuse will quickly fade.

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