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80% of institutional investors value cryptocurrencies positively

Asset management company Fidelity Investments conducted a survey that showed the interest of most investors in digital currencies.

The survey involved nearly 800 investors from the United States and Europe. Almost 80% of them find positive aspects in cryptocurrencies, and 35% already had experience investing in the cryptocurrency market.

The Fidelity study ran from last November to March 2020 and ended just before the crisis caused by COVID-19. Ria Bhutoria, director of digital asset research, believes the policies of government regulators and central banks have prompted investors to look for alternative assets that can preserve their capital. According to the expert, investors see great potential for the growth of digital assets.

In addition, Ria Bhutoria drew attention to the importance of solving problems in cryptocurrency trading. If the industry does not hurry with this, then investor interest may fade away.

According to the study, the share of investors trading cryptocurrency futures increased from 9% in 2019 to 22% in 2020. Over the past year, the CME Group’s bitcoin futures, which can be considered the best indicator of institutional activity in this market, have shown impressive growth.

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