As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency’s Long-Term Prospects Even...

As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency’s Long-Term Prospects Even Among Conservative Pros

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Source: Coindesk.com

Roughly 500 institutional investors revealed allocations into the spot bitcoin ETFs in the first quarter. These included institutions of all sorts, with institutional advisers making up 60% of holders and hedge funds roughly 25%, an outcome that isn't normally the case after only a few months following the launch of a new ETF, an expert says.

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The post "As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros" appeared first here Coindesk.com.

Source: Coindesk.com

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