The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Bitcoin

Fidelity Survey Reveals 2020 Market Downturn Was a Catalyst for Institutional Investors

by Miki 09/14/2021
by Miki 09/14/2021 0 comment

Fidelity Digital Assets Management has released the results from a recently conducted survey in which it profiled as many as 1,100 respondents spanning financial advisors, hedge and venture fund managers, and other high networth individuals across the US, Europe, and Asia. The survey sought to understand the perspective or inclination of this group of investors when it comes to the digital currency ecosystem, particularly amidst periods of uncertain global economic meltdown recorded in 2020.

Per the findings, the advent of the COVID-19 pandemic created such market conditions that come off as a “catalyst for many investors.” The pandemic halted global business activities, and many firms were crippled. The majority of governments stepped up to ease the economic pangs through relief funds that were made possible through the printing of fiat currencies. This in turn spurred the devaluation of national monies, and as such, created a need for money managers and investors to explore a resilient alternative to safeguard their capital.

According to the Fidelity survey, about 44% of the respondents said that events last year increased their likelihood of investing in digital assets, as against the 40% that said the events had no impact. 

Other Highlights of the Survey

About 52% of those surveyed said they are invested in digital assets. European investors recorded a more positive exposure to the digital currency ecosystem when compared to the United States-based investors. The survey result shows that in Europe, 84% of high-net-worth individuals surveyed are invested in digital assets, while in the U.S, there was a 20-percentage point increase in financial advisors surveyed invested in digital assets.

While the surveyed American and European investors recorded a steady growth from 2019, to date, Asian investors surveyed for the first time recorded a higher number of institutional investors when compared to the two. 

Adoption of Digital Assets by Region. Source: Fidelity

“We were not surprised to learn that Asia has the most institutional investors with allocations to digital assets of those surveyed. Historically, Asian investors have had a more positive view of digital assets and were early adopters of more traditional digital payments. For example, in China, a projected 32.7% of point-of-sale payments are made via mobile, double the UK (15.3%) and US (15.0%), according to OMFIF,” the report detailed.

The uptick recorded in the US was attributed to the number of investment vehicles now gaining ground in the region.

“This uptick in adoption via investment products is likely supported by an increase in the number of public trust-structured investment products now available in the US, in addition to an array of private fund offerings issued by managers throughout the past year.”



Source link

Views: 2
catalystdownturnFidelityInstitutionalinvestorsMarketRevealsSurvey
Share
0
FacebookTwitterPinterestEmail
previous post
Christie’s Will Auction Original Art From Gary Vee ‘s Veefriends NFT Collection
next post
MicroStrategy Deepens Its Crypto Bet With Another $240 Million Spent On Bitcoin

Related Posts

Elon Musk thinks this individual could be the...

12/29/2021

Bitcoin price trades under $48k as $6 billion...

12/29/2021

Indian security regulator warns mutual funds against investing...

12/29/2021

Bitcoin Will Remain ‘Digital Gold’, But Not A...

12/29/2021

Key Factors that Propelled Ether’s 4X Growth over...

12/28/2021

Gold Proponent Peter Schiff Claims Bitcoin is Losing...

12/28/2021

Trend Is Again Shifting From Outflows To Inflows

12/28/2021

Why Bitcoin Will Never Surpass The Market Cap...

12/28/2021

Crypto hacks led to $9.8 billion in losses...

12/28/2021

Is Bitcoin (BTV) Going To Hit $100k? Ambitious...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Cryptocurrency Derivatives Information

  • Bitcoin (BTC) Mining In China To Usher Historic Moment

  • Shiba Inu: TikTok Influencer Mines 14,323 $SHIB per Day on Two Old Laptops

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,239.00-2.39%
  • ethereumEthereum(ETH)$1,990.40-0.99%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$325.002.38%
  • usd-coinUSD Coin(USDC)$1.000.10%
  • rippleXRP(XRP)$0.411109-1.59%
  • Binance USDBinance USD(BUSD)$1.00-0.45%
  • cardanoCardano(ADA)$0.52-2.41%
  • SolanaSolana(SOL)$50.31-2.19%
  • polkadotPolkadot(DOT)$10.282.88%
  • dogecoinDogecoin(DOGE)$0.084546-1.64%
  • Lido Staked EtherLido Staked Ether(STETH)$1,953.35-0.31%
  • AvalancheAvalanche(AVAX)$30.05-2.95%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,342.00-2.12%
  • tronTRON(TRX)$0.0802544.09%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-0.17%
  • daiDai(DAI)$1.000.07%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$70.14-1.02%
  • CronosCronos(CRO)$0.191137-0.80%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.90-0.04%
  • matic-networkPolygon(MATIC)$0.66-0.22%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.01-1.67%
  • HederaHedera(HBAR)$0.389473-3.44%
  • FTX TokenFTX Token(FTT)$29.77-2.22%
  • bitcoin-cashBitcoin Cash(BCH)$194.22-1.39%
  • RareRare(RARE)$0.0461220.00%
  • moneroMonero(XMR)$186.783.27%