Exploring Crypto Investment: Pension Funds Show Interest in Bitcoin (BTC) – Insights from Fidelity
Release: 2024/05/04 22:10 Reading: 296
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Manuel Nordeste, Vice President at Fidelity Digital Assets, reveals that defined benefit plans and other pension funds are considering crypto assets.
According to Nordeste, small-scale but sophisticated investors are more likely to invest in crypto, while larger institutional investors are starting to show interest. A Fidelity survey shows that 80% of high-net-worth individuals view digital assets positively, compared to 23% of pension plans.
As crypto assets gain traction, Fidelity Digital Assets VP, Manuel Nordeste, reveals that pension funds are considering crypto investments. However, high-net-worth individuals remain the most likely to invest in digital assets.
Pension Funds Eyeing Crypto Investments
Manuel Nordeste, Vice President at Fidelity Digital Assets, recently revealed that defined benefit plans and other pension funds have started discussing crypto assets with their investment committees. This revelation was made during an event in London, highlighting the growing interest in digital assets among institutional investors.
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High-Net-Worth Individuals Lead Crypto Adoption
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