‘Vast majority’ of institutions will own cryptocurrency by 2026

The number of institutional investors—wealth managers, foundations and so on—that own crypto assets has grown dramatically, and will continue to do so in the future, according to a new survey from Fidelity Digital Assets.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

While the crypto industry churns out optimistic surveys on a regular basis, the Fidelity findings are worth noting given the company’s size and influence in the broader financial markets. The findings are also a bit of bright news for the industry at a time when markets have been mired in a months-long slump.

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