Thursday, May 2, 2019

Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull

By CCN: Fidelity Digital Assets, a subsidiary of the world’s fourth-largest asset manager with $2.46 trillion in assets under management, said in a research paper that institutional investments in bitcoin and other crypto assets are likely to increase over the next five years. The research read: “Nearly half of respondents (47%) appreciate that digital assets are an innovative technology play. 46% find digital assets’ low correlation to other assets among the most appealing characteristic. Financial advisors (74%) and family offices (80%) view the characteristics of digital assets most favorably.” We asked: what do institutions really think about #digitalassets? http://bit.ly/2GTcqW1

The post Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull appeared first on CCN



source https://www.ccn.com/bearish-on-bitcoin-this-fidelity-research-will-turn-you-into-a-raging-bull

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