Is Institutional Crypto Adoption Only In Its “Early Stages”?

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Is Institutional Crypto Adoption Only In Its “Early Stages”?

by Charles Bovaird in Forbes

Article summary

Institutional investors have trillions of dollars in assets under management, yet most of them haven’t invested in digital assets, according to a 2020 survey.

The survey, conducted by Fidelity Digital Assets, found that while 36% of the roughly 800 participants had invested in these innovative assets, nearly 80% said they found something “attractive.”

While 33% of respondents noted that these assets had significant upside potential …

“I think those barriers are already starting to break down, with trusted custody solutions and possibly ETF approval paving the way for institutions and individual investors who don’t have the flexibility to just go out and buy themselves from ETFs. crypto to finally get involved. .a????

– CrossTower Head of Commerce, Chad Steinglass

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