The institutional investment curve in bitcoin accelerates
A third of institutional investors have invested in bitcoin and other cryptocurrencies.
In Grayscale’s GBTC fund alone, there are over 400,000 BTC.
Bitcoin is increasing its appeal to institutional investors. There are not only a growing number of companies that dedicate hundreds of millions of dollars to investing in bitcoin, in order to diversify their portfolio. Open interest in bitcoin futures, which are managed by companies such as CME and Bakkt, has also grown in recent months.
Various sta…
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