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Fidelity Says a Third of Big Institutions Own Crypto Assets
About a third of large institutional investors own digital assets such as Bitcoin, according to a survey from Fidelity Investments. Across the U.S. and Europe, 36% of the survey’s 774 respondents said they own cryptocurrencies or derivatives. In the U.S., 27% of institutions -- including pension funds, family offices, investment advisers and digital and traditional hedge funds -- said they own digital assets, up from 22% about a year ago, when Fidelity surveyed 441 institutions just in the U.S. In Europe, 45% of respondents are invested in digital assets. Over a quarter of the respondent hold Bitcoin, while 11% ... (full story)
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- TudorIoan
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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