Fidelity Says Institutions Are Turning To Cryptocurrencies - Coinleaks
Current Date:September 21, 2024

Fidelity Says Institutions Are Turning To Cryptocurrencies

Asset management giant fidelity, has completed the fourth year of its annual institutional investors survey with positive signals.

Institutional investors continue to flock to the cryptocurrency market. one of these fidelity accelerated its efforts to take stronger steps towards cryptocurrencies. of the firm Fidelty Digital Assetspart of Ethereum (ETH) for customers on October 28. ETH ) will start trading. In addition, the powerful asset management company has raised $5 million in one month. Ethereum Index Fundstarted it.

Fidelity Tracks the Potentials of the Cryptocurrency Industry

The popular asset management company continues to bring its institutional investors together with cryptocurrencies. In addition, the company regularly conducts surveys about institutional investors every year.

According to the results of the survey, which was held for the fourth time this year, institutional investors within the company 74 percent wants to invest in cryptocurrencies. Institutions participating in the survey 58 percent ‘i invested in crypto in the first half of this year. This survey, which covers the transition from a bull market to a bear market, 2 January to 24 Junecovers between.

In the asset management company’s survey, the global scale 1,052 institutional investors exists. Among the participants are organizations such as family companies and foundations.