Why are institutions accumulating crypto in 2022? Fidelity researcher explains
Cointelegraph
Published Nov 04, 2022 12:00PM ET
Updated Nov 04, 2022 01:40PM ET
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 Ethereum 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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Written By: Cointelegraph
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