Asset owners moving to full ESG and thematic impact strategies – report
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Some Institutions Call Crypto Rat Poison, but Others Are Buying the Currency
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A vast majority of institutional investors expect to invest in or buy cryptocurrencies in the future, despite the market s high volatility standing in the way of new entrants.
What Happened: According to Reuters, seven out of ten institutional investors expect to gain exposure to crypto based on the results of a survey seeing the participation of 1,100 institutional investors.
More than half of the participants also said they already had digital asset investments.
The study, conducted by Coalition Greenwich and commissioned by Fidelity Digital Assets, also revealed that about 90% of those interested in investing in crypto in the future also expect their company s or their clients portfolios to include exposure to the cryptocurrency industry within five years.