Bullish: 'Vast Majority' of Institutions Will Own Crypto by 2026: Fidelity

[Poker Player]

If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.

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[NathanielParker]

The characteristics of virtual currency can be said to be popular all over the world, but it is not excessive. There is no time limit, no space limit, and no policy limit. Compared with institutional investors, virtual currency is a trading medium that uses cryptographic principles to ensure transaction security. No one or organization can steal your transaction data.
Investment institutions need to rely on qualified institutions, and virtual currencies do not need to rely on specific institutions. It is only generated by a large number of calculations based on algorithms.
Moreover, investment institutions are geographically divided, and virtual currencies are not geographically divided, so the transaction volume will naturally increase.
Investing in cryptocurrency is the general trend. The huge benefits and risks must be controlled by you.

[Liamttw]

No one can predict the future, but if you don't consider world changes or some other major events, the general trend is usually correct. When you compare encryption with the Internet, people think it is comparable to these institutions. Some institutions such as Amazon have begun to use Bitcoin to pay, which has increased the use rate of cryptocurrencies, which is conducive to increasing crypto prices. Cryptocurrency will become more and more popular, and it may have better potential in finance and various other cryptocurrency projects.

[worle1bm]

If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.

They have seen how the adoption has changed the price level of Bitcoin and their other financial assets were not yeilding as much profits the crypto market was generating so now we see the cards turning on the support for these digital assets.We have seen how JP Morgan skeptical statement and being on BTC hater in past years and issuing warnings to employees dealing in them but now what happened they are offering crypto related services to customers because they want it and if they want to remain in business they need to accept btc.The world is slowly evolving with Bitcoin adoption and many investors are moving from traditional market to this new technology so sooner we will witness price surge to another high levels.Those who have got diamond hands will not regret even buying it at $30k also.

[Lucius]

I have no doubt that a "vast majority" of institutions will invest in cryptocurrencies in the next 5 years, but I wonder exactly which cryptocurrencies they will invest in? Of course, our focus is on Bitcoin as a logical choice, but nonetheless, there are few (today) who want to invest in something that no one can actually control - at the same time decentralization is an advantage and a disadvantage, it depends on the angle from which someone looks at things.

The financial system simply has to adapt if it wants to survive, and we see this in the growing development and testing of CBDCs - which are actually the answer to the growing expansion of cryptocurrencies. Maybe we can look at it all as a kind of digital gold rush, because just as anyone was able to mine for gold and maybe get rich relatively quickly in the past - today there is a certain type of crypto rush that no one is immune to, from the common man to banks or funds that have billions of dollars or euros at their disposal.

[Gozie51]

Surely the $30K we have seen recently will never be seen again.

This may be a fact that you have said. Bitcoin have been getting some positive news the last one month ago from El Salvador, Vietnam and lately Elon musk tweet and the Amazon preparation to adopt bitcoin, the price seem to be living the $30,000 and now price getting a little volatile is a sign it all positive now for bitcoin and the green is coming back for altcoins too.

[The Sceptical Chymist]

Surely the $30K we have seen recently will never be seen again.

OP, if that survey of institutional investors is correct, then that's definitely very bullish for crypto in general, but....it seems like I've read words like the above quite a few times over the course of the last few years, i.e., "we'll never see $X bitcoin again!".  And yet after each of those statements I've found that I have seen bitcoin seeing $X again.

In addition, the article talks about crypto and not necessarily bitcoin--and on top of that, who knows in what form those institutional investors plan on holding their crypto?  It could be that they buy derivatives instead of actually holding bitcoin, ETH, or anything else in their own wallets.  In fact that would seem much more likely, since the amount of money they have to play with is enormous compared to the market cap of bitcoin or even the top altcoins on the market.  If they bought bitcoin the way MSTR did, they'd basically be painting themselves into a corner with what would rapidly become an illiquid asset because they'd be holding nearly all of it.

And if they did choose derivatives?  Well, the price of bitcoin and the entire crypto market might not move as much as you'd think--though I could be way off base, I'll admit.  I hope I am, and despite my skepticism I do think this is pretty bullish news, even if it's just a survey.

[Kittygalore]

Why don't they buy now though? I mean in the near future that they plan to buy, the prices could've probably doubled already or tripled meaning that they will buy more for less bitcoin. I don't hold out too much hope for this survey because this big fishes can easily lie to this kind of thing you know? They may say they will buy but they just want the survey to finish much faster if you think about it.

[Lucius]

Never say never when it comes to Bitcoin, $30k is not something to put in the past and say it will never happen again - not so long ago we were even at $65k, who then thought we would see prices below $30k again? Even if we reached $100k, a 70% correction would take us back to that zone - and we know that the corrections have gone up to 90% in the past.

Why don't they buy now though?

Probably because they are still not sure that cryptocurrencies will survive in the next 5 years, and also because they are still waiting for the crypto market to be regulated as much as possible. In addition, big players can afford to pay a lot more for Bitcoin than the average investor, in other words when you have billions of dollars at your disposal it is not a problem to pay $100k or more for 1 BTC.

[el kaka22]

This is not a shocking result, I was already guessing that they were interested in one way or another and this is just another prediction of the same way. Obviously fidelity have more credibility than I do but for me I have as much as them since it is me and I am telling it to myself hence who can I trust more lol.

It is obvious that bitcoin and few other crpto currencies (but mainly bitcoin) have this power of being a better store of value, there are so many companies in the world who have cash reserves that they are not spending, cash in hand will lose value considering inflation so it should be spent some other way, some companies reinvest, some companies do something else, we are talking about bitcoin as an alternative to that and I honestly believe that companies are considering it as a valid option one by one, eventually reaching to a point majority will do that.

[sunsilk]

Why don't they buy now though?

They're still trying to understand the risk that it bears upon buying and they're calculating if it's going to be early and then the plummet comes, they're already into loss. Everyone of them knows that the market just went on high.

And these are institutional investors know when to get in, they've been into investing and there's for sure a reason why they don't get in for now. I guess 2026 was a reasonable year to expect many of them getting in.

[wxa7115]

If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.

This is a really interesting survey, even if only 10% of those that said that they will buy bitcoin actually do so that will be more than enough not only to make the price to go up once again but also will serve as a way to solidify this market, and especially bitcoin not only as a store of value but as a currency that you can actually use.

I wonder at that time if we will have more governments like El Salvador that will make it a legal tender as they finally understand that they cannot win the war against bitcoin and it is better to obtain benefits out of it while they can.

[NeuroticFish]

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

Unfortunately I think that most of them don't have a proper understanding of Bitcoin and - maybe for their own safety too - I expect that a majority of them will invest into Bitcoin indirectly, buying exposure related products like JPMorgan (and Fidelity too?) offers. But maybe I'm wrong...

Also keep in mind that Fidelity declarations are biased. It's in their own interest to get the price moving up.

[Poker Player]

Surely the $30K we have seen recently will never be seen again.

OP, if that survey of institutional investors is correct, then that's definitely very bullish for crypto in general, but....it seems like I've read words like the above quite a few times over the course of the last few years, i.e., "we'll never see $X bitcoin again!".  And yet after each of those statements I've found that I have seen bitcoin seeing $X again.

Never say never when it comes to Bitcoin, $30k is not something to put in the past and say it will never happen again - not so long ago we were even at $65k, who then thought we would see prices below $30k again? Even if we reached $100k, a 70% correction would take us back to that zone - and we know that the corrections have gone up to 90% in the past.

I hear you, maybe it's a little early to say that the $30K we will never see again, but the people who said that the $10, $100 and $1K we would never see again got it right, didn't they?

In addition, the article talks about crypto and not necessarily bitcoin--and on top of that, who knows in what form those institutional investors plan on holding their crypto?  It could be that they buy derivatives instead of actually holding bitcoin, ETH, or anything else in their own wallets. 

Unfortunately I think that most of them don't have a proper understanding of Bitcoin and - maybe for their own safety too - I expect that a majority of them will invest into Bitcoin indirectly, buying exposure related products like JPMorgan (and Fidelity too?) offers. But maybe I'm wrong...

I don't know why you guys seem to care about that. If they buy it through derivatives they increase demand anyway and drive up the price. A good part of the bull run we are in is being pushed by Grayscale.

Also keep in mind that Fidelity declarations are biased. It's in their own interest to get the price moving up.

Yes, it is better to keep in mind that. But it's not just in their interest, it's in ours too.

[Kong Hey Pakboy]

That's why it's a must for us institutional investors to buy right now and accumulate more along the way and save enough bitcoin so when the time comes when the surge of institutional investors pouring in their millions and billions in the market, we get to see our portfolio get all the profit that it deserves.

[magneto]

If they are not already adopters of crypto, institutional investors certainly will be going forward.

There is no way that they will simply sit out of the best performing asset of the past decade. A lot of high frequency trading firms have already started making markets on crypto exchanges, and I anticipate more established entities to continue to expand their presence into the future (SIG, Optiver, etc.).

Also, wealth management firms should start recommending crypto as a viable alternative investment going into the future as well. No doubt about that.

[kryptqnick]

Investors care about profit, and since Bitcoin is the most successful asset (compared to, say, S&P 500), they will buy it even if they don't like it as long as it's financially promising. But make no mistake, they're not our allies and will ditch Bitcoin easily and cruelly if there are signs of trouble. So we'll have to get used to big companies putting in and out their huge investments, and I hope this won't hurt the market too much. What's good, though, is that the price will grow over bullish news like this, and that big players will lobby favourable regulations of the crypto industry because they won't want to pay too much in taxes or provide too many documents on their activities.

[paxmao]

As usual, my take on anything that Fidelity, Morgan, Blackrock or any other of the large wealth managers is the same: If they say buy "x" means that they already have a position in "x". Bitcoin is not different, the institutions will have bitcoin as it will serve a purpose and will dump bitcoin like a bounty hunter if that is in their benefit. Bitcoin is what it is thanks to all the community and we should be wary of strangers as their recommendations are no better than those of a shark advising fish.

[BrewMaster]

this year alone will change a lot of things. the ATH will also play a very important role in it. imagine how all the FUD about bitcoin is going to look like soon when 1 bitcoin is worth half a million dollar and rising. the FOMO alone from people realizing how much they have missed out is going to be crazy and when they find out all those telling them the FUD have already bought a ton of bitcoin is going to be even crazier.

[NeuroticFish]

Unfortunately I think that most of them don't have a proper understanding of Bitcoin and - maybe for their own safety too - I expect that a majority of them will invest into Bitcoin indirectly, buying exposure related products like JPMorgan (and Fidelity too?) offers. But maybe I'm wrong...

I don't know why you guys seem to care about that. If they buy it through derivatives they increase demand anyway and drive up the price. A good part of the bull run we are in is being pushed by Grayscale.

If they buy derivatives their "participation" to Bitcoin economy is basically zero. If they buy derivatives they will not care to "accept Bitcoin", they won't see nor care what this (micro?) economy offers or needs.

Also keep in mind that Fidelity declarations are biased. It's in their own interest to get the price moving up.

Yes, it is better to keep in mind that. But it's not just in their interest, it's in ours too.

Clearly. I think that I've said this at least once: it's a Bitcoin forum here, it;s clearly that our declarations here is also biased and - back to the topic - right now Grayscale and our interests are somewhat similar.