Friday, December 4, 2020

Fidelity survey - Digital asset interest increasing - What are you going to do with digital assets in 2021?

 




Fidelity Digital Assets generated the Institutional Investor Digital Asset Survey earlier this year that will have implications for investment research and asset allocations next year. More than 25% of US investors now have allocations to digital assets. Over 50% of US investors have direct investments in digital assets and one in five investors have  digital asset exposure via futures. The survey was quite extensive with close to 800 investors participating and was conducted by Greenwich Associates.

There is no question that central banks are taking a close look at digital assets and they will play an important role as a medium of exchange. Investors will have to watch these developments and have a view on how to play it for their portfolios.  


It has helped that digital assets have shown strong performance in 2020, but there are a number of reasons for the strong investor interest this year. There is a growing interest in digital assets as an alternative currency and as a substitute for holding gold. What to do with digital assets is another key question for 2021. 

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