A survey conducted by the financial services provider – Fidelity Digital Assets – found out that more than 50% of global institutional investors had already allocated some of their wealth in the cryptocurrency market.
Most investors disregarded the highly volatile nature of the digital assets and remained bullish as 70% of the 1,100 participants stated they would purchase some in the future.
About 90% of those who showed interest in virtual assets expect the portfolios of their companies or customers to include direct cryptocurrency investments, exposure through stocks, or other products within the next five years.