Fintech

Fidelity says 80% of investors want crypto in portfolios: ‘Regulation is coming’

Fidelity clients acting with ‘less urgency’ following lower price action for bitcoin

Survey shows institutional appetite is on the up as cryptocurrencies move out of the retail world
Survey shows institutional appetite is on the up as cryptocurrencies move out of the retail world Photo: NurPhoto via Getty Images

Nearly eight in 10 institutional investors say that digital assets such as cryptocurrencies should form part of a portfolio, according to a study by Fidelity’s digital assets arm.

Just over half of the institutions polled across the US, Europe and Asia currently hold allocations in digital assets, the manager said in its 20 July report.

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