Fidelity Digital Assets published the 2021 Institutional Investor Digital Assets Study that tracked institutional investor’s behavior in the face of the delicate situation traditional markets endured for the past year. However, the study found that those market conditions were actually a catalyst for many investors to jump into Bitcoin and other cryptocurrencies, increasing the likelihood of investing in such assets for 44% of investors.
The study also found that European investors showed a more progressive view towards bitcoin than Americans across all the study’s categories, similar to last year’s survey. However, Asian investors were the ones to show the most significant inclination towards investing in bitcoin and cryptocurrency, with 70% of those surveyed saying they were currently holders of these assets. This year was the first time that Asian investors were part of the survey.