Pension funds are cautiously approaching crypto investments, as revealed by Fidelity Digital Assets VP Manuel Nordeste. He shared during a London event that defined benefit plans are just starting to discuss crypto assets with their investment committees. While smaller investors like family offices and high-net-worth individuals are more agile in crypto adoption, pension funds face complex mandates that slow their entry into this market. A Fidelity survey highlights this discrepancy: 80% of high-net-worth individuals view digital assets positively, with 48% invested, compared to only 23% of pension funds, where just 7% have ventured into digital assets.

Fidelity’s Bitcoin ETF offers an accessible entry point for pension funds seeking a safer path into Bitcoin, along with similar products from BlackRock. This push toward digital asset adoption aligns with a resolution from Arizona lawmakers urging state pensions to consider Bitcoin ETFs. Despite exposure concerns, pension funds could generate a steady demand for digital assets, potentially benefiting America’s retirees in the long term.

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