Why are institutions accumulating crypto in 2022? Fidelity researcher explains By Cointelegraph

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Why are institutions accumulating crypto in 2022? Fidelity researcher explains

Institutions’ investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on have doubled in the last two years, as revelead by Chris Kuiper, the Head of Research at Fidelity Digital Assets in a recent interview with Cointelegraph.

“The percentage of respondents saying they were invested in Ethereum doubled from two years ago”, pointed out Kuiper.

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Why are institutions accumulating crypto in 2022? Fidelity researcher explains

Institutions’ investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on have doubled in the last two years, as revelead by Chris Kuiper, the Head of Research at Fidelity Digital Assets in a recent interview with Cointelegraph.

“The percentage of respondents saying they were invested in Ethereum doubled from two years ago”, pointed out Kuiper.

Continue Reading on Coin Telegraph

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