Fidelity Releases New Report On Digital Asset Exposure

It is no secret that there is need for institutional investors to store their digital assets in their portfolios. Interestingly, based on a new research, the need to do so has increased, especially since more of these investors are open to such an idea.

The Survey Explained

Fidelity Investments reportedly performed and published a survey. And, according to it, there are at least 22 percent of investors that have some direct exposure when it comes to digital assets. As for the 40 percent, they are believed to be open when it comes to the idea of taking a dive in the next five years or so. As for those that are deemed to have exposure, most investments were reportedly made possible in the last three years.

Both financial advisors and investors have a goal of gaining concrete knowledge of how institutions work. As such, they view digital assets generally and, more importantly, as part of an investment portfolio.

Interestingly, the survey also suggests that more than half (around 57 percent) love the idea of investing in digital assets directly. Meanwhile, 72 percent are said to be more interested in investment products that are capable of holding digital assets. Lastly, there are at least 57 percent who would rather purchase investment products that can hold digital asset companies.

The survey from Fidelity Investments reportedly covered around 400 institutional investors in the U.S., which already include family offices, pensions, financial advisors, foundations and endowments, and crypto and traditional hedge funds.

Interest and Maturation

According to the president of the company named Tom Jessop, there is indeed a maturation of interest when it comes to digital assets – and it is something that are coming from crypto hedge funds and other early adopters. Even more so, it covers traditional institutional investors, with endowments and family offices among them.

Jessop further revealed that a good number of institutional investors are starting to engage with digital assets, and it does not matter whether they do it directly or via their preferred service providers. This is simply due to the fact that there is potential impact of blockchain technology on all financial markets, not to mention that it is starting to become more readily apparent.

As for the appeal of digital assets to investors, the company said that the widest appeal tends to be the “characteristics. In fact, around 74–80 percent of these investors said to agree to it.