Topic: Bullish: 'Vast Majority' of Institutions Will Own Crypto by 2026: Fidelity (Read 400 times)

Just as everyone who has ever predicted a top has been wrong, likely is everyone wrong who ever predicts the "last" time we see a certain low.  The history of Bitcoin has always been one of extreme volatility, where peaks and valleys are revisisted with regularity.  Last time it was at $60k there were also people saying it'll never go below $40k again, and they were wrong, just like you're likely to be wrong.  Forever is a long time.  I would bet that we see $30k again if the time horizon is "forever."

Even without being told I have already believed that the thirty thousand dollars we saw this year is likely to be the least that the market would ever go again and it’s going to continue from their to be going up and won’t go down below that range. And the next thing I do know is that institutional investors are not going to stop coming, there are going to be so many of them coming all the time, we haven’t seen the end of the market growth, there is still a lot more to come and I can’t wait for that to happen. That’s why we have now to do whatever we want to do and wait for that time to come.

It is kind of late for that now that institutional investors have finally come to the market, also bitcoin is playing to the advantage of the US, after all with all the money they printed the inflation should be much higher but this is not the case because a great deal of that money was absorbed by this market.

What they are going to try to do is to regulate it and try to make this market to bend to their will and I think they are confident they are going to do it, however I do not think they will be able to accomplish it and when thy realize this that will be the moment an outright ban could come, but at that time people will simply not care and will keep using their bitcoin despite the disapproval from some governments.

It's not going to be mild if they make it a law that treats miners as brokers just as being said in the infrastructure bill. If the senators didn't object to the bill, the law will be able to make them criminals and it's not even because they are not environment friendly.

Elon is just part of it but didn't propose to China.  This is just in the US but if successfully made law, US can force everyone to use electric cars only because of this law. Cars all over the world use gasoline. US can also make it look with media that extracting crude oil is also not environment friendly and illegal.  

Aramco, the largest oil company even responded that they will use their oil to mine BTC to free themselves out of this impending threat.

That's a mild intervention which does not amount to taking over Bitcoin or its supply. I guess Bitcoin miners could easily comply with it if ever it becomes a policy that Bitcoin mining would only be allowed under the condition that it uses renewable energy sources. That's less of a threat. Governments couldn't bring down Bitcoin nor manipulate its price that way.

Anyway, does Elon have a proposal with which China complied by sending away miners? If I'm not mistaken, many of those miners were using hydroelectric energy. That they were asked to leave China wasn't environmentally-related.

Regulating BTC mining to the environmentally friendly is a kind of intervention to Bitcoin which if the government is not going to be successful in gulping the circulating supply, they are going to take it gradually thru regulating mining farms to comply.  Elon initiated it with his proposal about it and it could become a standard which the Chinese had also comply by sending away miners. It's going to be difficult for them to execute all these.

Well, I respectfully disagree, at least on couple of reasons.

First, it is not just about the money. It is most likely that even if the money is indeed available, the Bitcoin isn't. The last time I read the news, the available Bitcoin on all exchanges are only limited to a little more than 2 million BTC. That's just at least 10% of all the Bitcoin in circulation. There are of course other ways to acquire Bitcoin outside the exchanges, but they're far more limited. Unless the government would force every individual and institutional hodler to give up their Bitcoin, it cannot lay its hands on all the Bitcoin in circulation. But since Bitcoin is seizure-proof to a certain extent, I doubt it will happen.

Second, Bitcoin's market cap is almost a trillion USD. That's a huge amount not even the richest of countries could afford. That's even higher than the GDP of almost a hundred countries. Even if it is just half a trillion USD, supposing a country is really bent on acquiring majority of the Bitcoin in circulation, it simply couldn't afford it.

All in all, I'm still convinced that not even the most powerful country could intervene in the supply distribution of Bitcoin.

I am always telling people this! It’s not over, yet. Though the price we have now might seem like it’s really too much, but this will be small compared to what we are going to see in the future, because by then there is going to be lots of institutional investors who will invest huge amount of money. That’s going to move up the price and those who don’t invest now wouldn’t be happy about that.

2026 is five years from now, and before then I believe we are going to see another halving take place, and it will shorten the rate of supply and since there will be much demand coming in at that time, this will pump the price. With the way I am seeing things now, I think anywhere around $30,000 is the least price we will ever see from now.

It wouldn't take much power; it would just take a lot of money.  If a large government wanted to buy up all the bitcoin in circulation, it probably could (though why they'd do that is beyond me).  A consortium of governments interested in doing the same thing would have no problem, since they'd have pooled their funds.  That isn't going to happen, however, nor have I ever heard that any government was even thinking about thinking about it, if you know what I mean.

But as you said, much more damage can be done with legislation, so that's where the danger really lies.  That US infrastructure bill is one of the pieces of proposed legislation that has a lot of bitcoiners worried (and for good reason, IMO).  It wouldn't deter big companies from owning crypto, because they have compliance departments to make sure all the rules are followed--but for the little guy who's into crypto it could be devastating.  Hopefully some members of this forum in the US are contacting their senators to protest.  I know I did.

It wouldn't be a problem for those wealthy people to invest in bitcoin with a price higher than what it was originally, let's say 6 years ago because they have the money to spend in the first place. It won't hurt their pocket if bitcoin's price will increase by like 200,000 dollars because most of the time, this is just a little amount for them (I'm pertaining to those big personalities that have so much to spare). Maybe the reason why they aren't still buying bitcoin and other cryptocurrencies is that they are still observing and waiting for the time crypto will be more regulated compared to what it is right now and the time it will be more stable and much safer to invest in, and the time it will be adopted by more establishments and companies. Surely, these people have their reasons. A good go signal that they are waiting for will definitely be their key to invest in btc in no time.

Yes I believe this but there will be hard challenges, government will have to keep putting ban on crypto because it's really a threat to their CBDC honestly, china made the first move and I expect other countries to follow, it seems the gov won't like the insane attention that crypto is getting over CBDC but we wil see how this ends

Are you still talking about cryptocurrency as in Bitcoin here? If you are, then it does not matter whether governments would want to actively intervene in the distribution or not. Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.

Well, governments may influence the price of Bitcoin, but it has a lot of prerequisites. In the first place, they need to buy a lot of BTC first. They have to be the largest of whales so that they could manipulate the price on their own. It's worth mentioning that Bitcoin is worth almost a trillion USD and is being actively traded globally with tens of billions in daily volume.

As to governments attacking Bitcoin, it has already began a long time ago. And if they did not succeed during Bitcoin's earliest infancy, they wouldn't succeed now nor in the future.

It should not be forgotten that cryptocurrency does not exist in society by itself. States and their governments will very actively intervene in the process of cryptocurrency distribution, and even with the help of various instruments to regulate its circulation, they will actively influence the price of the cryptocurrency itself. An increase in the volume of funds invested in cryptocurrency changes the structure and functioning of the global financial system, and if these changes affect the interests of states and their governments, a general attack on cryptocurrency will begin. Therefore, it is rather difficult to say how the cryptocurrency will develop further. Still, it is important for cryptocurrency to occupy its own niche in the financial sector, so as not to conflict with it too much.

The adoption is already up when El Salvador made BTC legal tender. This isn't just something that moves the price up but at a local level, anyone in the country will have BTC to hold.

But will another cryptocurrency be among the ones that institutions going to also hold in their balance sheet? ETH is likely one of them but other coins may really be left out here because once a popular entity accuses one project, it will send the price to zero.

Maybe we will see the crypto market to be more stable if the adoption is much stronger. A lot of merchants have problem with the volatility aspect of crypto, the reason why they are hesitant to include crypto in their payment system. If the price will be more stable, maybe, users will have no problem using crypto as payment method rather than just holding it hoping that its price will skyrocket in the future.

That could be sufficient purchasing volume and demand to offset bitcoin's historical 4 year boom and bust cycle. It could explain the impetus behind bitcoin's recent uptrend.

The media claims bitcoin's latest uptick is due to "support" of US crypto regulation. Which is interesting as I don't know that anyone in BTC likes the regulation proposal.

If "70% of institutional investors" plan to buy digital assets. It would be very interesting to know what percentage will buy digital assets (crypto) through a bank, and what percentage would choose instead to make purchases using a stablecoin. The information could be valuable not only for comparison shopping purposes for whales. But also as it would be the only way to have an accurate picture of what true bitcoin purchasing volume looked like on the banking side of things where that data is unavailable.

I don't know whether this news could affect the prices of cryptocurrencies directly very much. But it will affect the adoption rate very much that's for sure. This will streamline the process which cryptocurrencies enter our daily life. Because if most of the companies start owning crypto and even accept cryptocurrency in some way, other people and institutions also will notice this and do the same also.

Corporates will buy into anything where they sniff potential profit.  So it's no wonder that bitcoin has been added to their wishlist. Even today it is very difficult to earn bitcoin so you can imagine what will happen once these deep-pocketed corporates will start with their buying spree. The entire market will then be controlled by these whale corporates which is not at all ideal.

But one thing I agree - we need to buy bitcoin while it's cheap or else we may loose the opportunity forever.

Once again entry of Institutional Investors is both good as well as bad news! on one hand, it might make the market more balanced with whales of crypto on one side and Institutional Investors on the other side, but at the same time it'll make the market much more manipulative too, crypto whales already manipulate the market too much, the Institutional Investors would supplement this manipulation even further, therefore, making the market more or less like the stock market with a lot of insider information flowing around and manipulative. Remember these Institutional Investors are even more cunning than whales because they carry their decades of experience from stock market.

Well I do think that whatever these companies are doing is not out of respect for cryptocurrencies but actually out of necessity. There is actually a huge disadvantage regarding big whales joining the crypto market, especially bitcoins since they can definately manipulate the market and use the social media platforms to influence the market for people who are new to it.
People who would join the whole crypto train would be the first to get the benefits of the whole thing, since there are a lot of applications and advantages. Plus many countries are taking a lesson from El Salvador and trying to improve their own economic situation in context of cryptocurrencies like bitcoins. I think in the future we are going to see more applications and more countries making cryptocurrencies like bitcoins a legal tender.

Currently, the legal corridor for cryptocurrencies in many countries is being improved. The crypto investment race is happening in the pioneer countries that accept cryptocurrencies, which are the US, UK, Japan, Korea, Singapore...
Businesses will find ways to stay out of the race by converting their assets to cryptocurrency.
I see Bitcoin and crypto being noticed and bought by big companies in the US from the end of 2020 until now. So by 2026, most businesses around the world may focus more on cryptocurrencies.

It is not surprising news actually. Tesla helped many countries to start investing into Bitcoin. And companies are continuing to do so still. They want to try their luck and increase their investments in time. I think the reason why companies are investing into cryptocurrency is mostly this. If they didn't have any profit in this, they wouldn't bother making any investment.

This is bullish news also but this kind of news don't affect the coin prices too much anymore.

I will not be surprised if the number of institutional investors is many times higher than what we think, after all we know that those people want nothing else but to obtain profits and what can be better than the fastest growing market in the entire world?

It is going to be very interesting to see how the market evolves during the next months because I'm pretty sure that institutional investors have been putting a lot of money in this market, but a great deal of them do not really want to bring attention to themselves as they know that will make the price of bitcoin to go higher, and that is not something that they want as they are still building their stash.

One thing about this situation is that companies owning bitcoin doesn't matter, it only matters on how much bitcoin they own. Because at the end of the day if they just buy 100k worth of bitcoin then it will not mean much, but if they do it in 10 million that will mean a lot. What this means is that we need to convince companies not just make money from crypto, but also convince them to put most of their money into crypto as well, at least all of their cash reserves.

Many big companies are used to having huge sums of debt to grow bigger, I am not expecting them to do the same for bitcoin, they can't just get into debt just to buy bitcoin, that is not really a smart idea to go on for them, however they can put their cash reserves into bitcoin and when they want to grow their business instead of selling their crypto they could end up getting into debt, which is indirectly the same thing.

Do you still believe that block reward halving will be having a large impact in 2024? It had a big impact in 2012 and 2016 (as we had significant rallies in 2013 and 2017). But the impact was more muted in 2020. The rally of 2021 was mostly attributed to other factors, such as acceptance by PayPal and Tesla. Mining output is at a lower level (<BTC1,000 mined per day nowadays) compared to what we had during the early days. Further reductions in the block reward will have some impact, but IMO they will be overshadowed by other factors.

As the narrative of bitcoin has change, and so is our goal here. Bitcoin should be hold for long-term, well at least a year and then see how it goes for us. The problem is that many bet on the short and thinking that they can too earn huge money in short-term. But the better plan obviously, is to continue to stack and accumulate bitcoin and look in the future. Imagine +4 years from now, after the halving, we might be pushing for at least $500k that time.

This survey makes the argument stronger that if you join Bitcoin and think long-term, things will be good. If you forget about the huge corrections, bear seasons, 50% sudden fall in price, and so on and continue to HODL strong, things could never go wrong. The rise and fall of Bitcoin's price is seen close-up but if you zoom it out, everything is encouraging. With all the news, rumors, FUD, and the likes, I guess it is clear that there is still net positive about the future of Bitcoin. Adoption is getting stronger every single day.

While surveys don't guarantee anything and this yet doesn't mean people should by like crazy, it is still a good reflection of the overall attitude. But it says by 2026, a lot can change in 5 years, especially if we take into account factors that aren't even dependent on society (for instance, like pandemic).

I think we can still expect many ups and dumps over this period, maybe we'll even see $30k, there's no telling. But there's no doubt that in the long term investors will win.

Therefore, we need what is called knowledge. At Whereat least it makes us not dependent on what is often suggested by trappers who only benefit each individual from the condition of his loyal followers. Not everything submitted by the advisors is suitable for your criteria, so the alternative is that we have to be much more mature in accepting the submission.

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.



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.

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.

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.

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.

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.

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.

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?



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.


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

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.

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.

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.

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.

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.

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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.

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.

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.

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.

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.

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.

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.

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.

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.