We are running into a final rush of a key year for the industry with many washouts that most sees as healthy for a young market as it is the digital assets one.
Nevertheless, we find this survey quite interesting giving the medium-term view of institutional investors.
Here some number and comment:
Almost six in ten (58%) institutional investors surveyed are invested in digital assets, with an 11-point increase in European adoption and a 9-point increase in U.S. adoption year-over-year, according to the Fidelity Digital AssetsSM 2022 Institutional Investor Digital Assets Study, an annual global survey that explores perception of and investment preferences for digital assets.
Additionally, the study found that 81% of institutional investors believe digital assets have a role in a portfolio, with a nearly even split between those who view digital assets as an independent asset class and those who view them as part of the alternatives asset class.
Despite market headwinds, adoption of digital assets among institutional investors surveyed increased in both the U.S. (42%) and Europe (67%), a respective 9-point and 11-point change year-over-year. Though they reported a small decline in adoption, Asian institutional investors remain the most accepting of digital assets among the regions with nearly 7 in 10 (69%) reporting an allocation to digital assets.
The increased adoption reflected in the survey speaks to a strong year for the digital assets industry. While the markets have faced many headwinds in recent months, we believe that digital assets fundamentals remain strong and that the institutionalization of the market over the past several years has positioned it to weather recent events. Institutional investors are experienced in managing through cycles, and the largely inherent factors that they cited as appealing in this study will likely remain as the market emerges from this period.