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 them, Fidelity, has accelerated its work to take stronger steps towards cryptocurrencies. The firm’s Fidelty Digital Assets division will launch Ethereum (ETH) trading for its clients on October 28. Also, the powerful asset management firm has launched the Ethereum Index Fund, which has raised $5 million in one month.
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, 74 percent of institutional investors within the company want to invest in cryptocurrencies. 58 percent of the surveyed institutions invested in crypto in the first half of this year. Covering the transition from a bull market to a bear market, this survey covers the period from January 2 to June 24.
The wealth management company’s survey includes 1,052 global institutional investors. Among the participants are organizations such as family companies and foundations.
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