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.
