Crypto Institutional Investment in Europe Only Totals Around 4%

Ask a crypto super-fan about institutional involvement in the digital-assets space and you might get the sense that just about every big-money firm is in some way dabbling. Yet, it turns out, only 4% of institutional funds in Europe actually have exposure to crypto.

That’s the takeaway from a Bloomberg Intelligence survey that polled 93 institutional funds in Europe, which found that 88% of those asked said their firms weren’t invested in crypto. Another 8% wouldn’t confirm or deny it either way. Most have strict mandates about what they can invest in, with crypto often being excluded, regardless of the ...