{"id":40481,"date":"2021-04-09T14:29:41","date_gmt":"2021-04-09T11:29:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40481"},"modified":"2025-08-30T14:17:37","modified_gmt":"2025-08-30T11:17:37","slug":"fidelity-bitcoin-has-reached-a-tipping-point-in-institutional-adoption","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fidelity-bitcoin-has-reached-a-tipping-point-in-institutional-adoption\/","title":{"rendered":"Fidelity: Bitcoin has reached a tipping point in institutional adoption"},"content":{"rendered":"<p>Bitcoin, the first cryptocurrency, may have matured for traditional financial circles and is at a tipping point in terms of adoption by institutional players. This was stated by Tom Jessop, head of Fidelity Investments&#8217; Digital Assets division, in an interview with <a href=\\\"https:\/\/www.marketwatch.com\/story\/weve-reached-a-tipping-point-on-bitcoin-adoption-fidelitys-tom-jessop-says-11617847910\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\">MarketWatch<\/a>.<\/p>\n<p>He believes that a number of factors have driven growing interest in Bitcoin as an alternative asset, and that cryptocurrency adoption is now accelerating.<\/p>\n<p>This environment is aided by ultra-low interest-rate policies, stimulus measures and the low yields on other assets traditionally treated as alternatives, said the head of Fidelity Digital Assets.<\/p>\n<p>He expects that this environment will not change in the near future.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cI think we\u2019ve reached a tipping point. We have roughly 12 years of experience with the Bitcoin blockchain since the genesis block in early 2009. And the pandemic, frankly, has been a catalyst for institutional adoption, in particular the use of cryptocurrency as digital gold,\u201d Jessop said.<\/p>\n<\/blockquote>\n<p>A Fidelity survey conducted earlier showed that almost a third of Fidelity\u2019s major clients in Europe and the US have added digital assets to their portfolios.<\/p>\n<p>Institutional demand for Bitcoin <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-sees-demand-for-bitcoin-from-institutional-investors\">noted by JPMorgan<\/a>. Bank analysts believe that <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-bitcoin-volatility-normalisation-could-revive-institutional-interest\">interest will rise<\/a> if the asset&#8217;s volatility normalises.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin, the first cryptocurrency, may have matured for traditional financial circles and is at a tipping point in terms of adoption by institutional players. This was stated by Tom Jessop, head of Fidelity Investments\u2019 Digital Assets division.<\/p>\n","protected":false},"author":1,"featured_media":40482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1248,1156,1138],"class_list":["post-40481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fidelity-investments","tag-institutional-investors-and-whales","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40481"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40481\/revisions"}],"predecessor-version":[{"id":40483,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40481\/revisions\/40483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40482"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}