Fidelity are going to start buying & selling digital assets for their institutional customers within the next few weeks.
Fidelity recently surveyed their institutional investors about their crypto intentions:
- 47% think digital assets are worthwhile investment
- 22% already have some exposure to digital assets
- 72% prefer to buy investment products that hold crypto assets
- 57% would choose to buy digital assets directly
Bitcoin is the best performing asset so far in 2019, up around 50% YTD, although a long way off its all time highs, I’d expect bitcoin to keep trending upwards in the coming months & years, it feels as if crypto’s are starting to come of age.