Fidelity Digital Assets, the crypto-focused arm of global asset manager Fidelity, has released the findings of a survey that polled 1,100 investors worldwide.
The study polled 408 American, 299 Asian, and 393 European investors about their investment habits and attitudes toward digital assets like cryptocurrency. There were 312 financial advisors and 302 high net worth investors among those who took part in the survey.
According to the report, 90 percent of those polled found digital assets appealing, particularly because of their “high potential upside.” Eight out of ten people thought digital assets belonged in a portfolio.
54 percent of investors cited price volatility as a barrier to widespread adoption of digital assets, while 44 percent cited a lack of fundamentals to determine their true value.
Overall, 52 percent of those polled said they had invested in digital assets, with Asian and European investors more likely to do so than those in the United States.
According to the report, the market conditions in 2020 following the COVID-19 pandemic pushed investors toward digital assets, while also pressuring central banks to adopt central bank digital currencies and piqued the federal government’s interest in blockchain technology.