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Bitcoinist 2019-12-09 18:00:32

What Happened To Bitcoin’s Promised Influx Of Institutional Investors?

The next big bitcoin bull-run was supposed to be led by an incoming swathe of institutional money. Lured in by potential profits unheard of in traditional investment products, and reassured by trusted brands offering institutional-grade custodial solutions. So what happened? Patience Is A Virtue According to Bloomberg, the biggest investors are still on the sidelines biding their time, while crypto-based hedge-funds are closing in droves. Almost 70 have closed this year, which mostly catered to pensions, familyRead MoreThe post What Happened To Bitcoin’s Promised Influx Of Institutional Investors? appeared first on Bitcoinist.com.

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