The announcement of bitcoin futures coming to two leading U.S. derivative exchanges sparked bitcoin's incredible year - end rally that saw the price of bitcoin hit its 2017 high of USD 20,000 in mid-December, driven by the potential new investor funds that can now flow into
bitcoin as both institutional investors and private investors are now able to bet on the price of bitcoin through a regulated investment vehicle.
Not exact matches
While people can buy fractions of
Bitcoin in increments of
as little
as $ 1 on cryptocurrency exchanges,
institutional investors have largely been barred from those venues owing to fiduciary and compliance requirements around custody of assets.
«We believe large
institutional investors globally use this ETF
as a way to quickly gain exposure to
Bitcoin,» Lee said.
BlackRock (blk) CEO Larry Fink said he sees potential in
Bitcoin, but added that it's «far from» a feasible investment for
institutional investors,
as he told Bloomberg.
The latest positivity comes
as institutional investors start to push harder into the cryptocurrency world, with CME having recently announced plans to trade
bitcoin futures and Coinbase offering a custodian service for hedge funds.
Still, Friday's surge in
Bitcoin's price comes amid growing
institutional investor interest
as well
as an expected «hard fork» Friday that will introduce a new cryptocurrency for
Bitcoin owners.
«The idea is that
as institutional investors seek out increasingly higher levels of risk / return, that
Bitcoin may represent the most risky / potentially highest return available, and hence could be evolving quickly into a primary barometer / leading indicator for broader financial markets and risk appetite.»
Government agencies,
institutional investors and Wall Street have been much more critical, going
as far
as describing
bitcoin as the tool of cyber criminals.
Yet while
institutional market users hail
bitcoin as a new force that is capable of changing the administrative side of financial markets, average
investors are still scratching their heads over its importance.To be sure, some
Per his foresight into the value of
bitcoin, and being the first
institutional investor to participate in initial coin offerings, Tim is recognized
as a leader in the cryptocurrency and blockchain space.
Bitcoin is definitely going to continue to rise in the long term, and I think
institutional investors will stay away but something like an ETF could bring in more market capital
as well.
According to Barhydt, the movement into
bitcoin by
institutional investors in Japan led to a feeling of FOMO among retail
investors around the world
as the price began to climb.
SecondMarket, an online marketplace for buying and selling illiquid assets such
as venture - backed private - company stock, is opening a
Bitcoin trading platform for
institutional investors.
Bitcoin rose again on Monday, as investors braced for a rush of institutional demand following the launch of CME Group's bitcoin futures co
Bitcoin rose again on Monday,
as investors braced for a rush of
institutional demand following the launch of CME Group's
bitcoin futures co
bitcoin futures contract.
With the general theory being that the smarter
institutional money is going into the
Bitcoin futures market,
investors in
Bitcoin will be looking towards the futures market
as a guide to the future direction of
Bitcoin, based on information available in the marketplace.
Not only does Muraki observe that the «correlation between
Bitcoin and VIX has increased dramatically» in 2018, but he goes on to note «a growing number of
institutional investors are watching cryptocurrencies
as the frontier of risk - taking to evaluate the sustainability of asset prices».
The BIT, launched
as a vehicle for
institutional investors to get into
bitcoin, stood at a $ 61.1 m (67,300 BTC) net asset value on Friday.
Having said that, there are other
Bitcoin exchanges aimed at
institutional investors in the United States such
as Coinbase Exchange and itBit.
Some optimists even go
as far
as to say
Bitcoin can reach $ 50,000 in value in 2018, like Spencer Bogart, partner at Blockchain Capital, who told CNBC that
institutional investors may play a key role in its future.
That's the power of
institutional investors, particularly
as it pertains to
bitcoin.
Bitcoin rose again on Monday, as investors braced for a rush of institutional demand following the launch of CME Group's bitcoin futures co
Bitcoin rose again on Monday,
as investors braced for a rush of
institutional demand following the launch of CME Group's
bitcoin futures co
bitcoin futures contract.
«We're considering
Bitcoin futures which
investors and
institutional investors can use to hedge against
Bitcoin or set against falling prices in the virtual currency,» the publication quotes her
as saying.
BitGo Inc., a closely held crypto - security firm, agreed to buy
Bitcoin custodian Kingdom Trust
as it seeks to attract
as much
as $ 20 billion that
institutional investors could commit to digital currencies.
Another reason was that
institutional investors were starting to see
Bitcoin not
as a bubble, but
as a strategic asset for the future.
As consumers are given easier ways to buy and sell
Bitcoins, businesses and
institutional investors will see lots of new options in terms of how to spend their billions on
Bitcoin in a way they are accustomed to and without ever needing to buy a single one.
Still, Friday's surge in
Bitcoin's price comes amid growing
institutional investor interest
as well
as an expected «hard fork» Friday that will introduce a new cryptocurrency for
Bitcoin owners.
Overall, this has been one of the greatest weeks for cryptocurrencies this year
as institutional money starts flowing into
Bitcoin along with a renewed interest from
investors around the world.
Particularly, casual, professional, and
institutional investors are beginning to adopt
bitcoin as a safe haven asset, digital currency, and a store of value.
As institutional demand grows for cryptocurrencies, Genesis Global Trading is launching a digital currency lending business called Genesis Capital to enable
investors to borrow
bitcoin, ether and others for a fixed amount of...
As more
institutional investors begin to notice that traditional asset classes do not provide the diversification nor returns that they desire, they will probably move into
Bitcoin.
As a crypto broker and infrastructure partner,
Bitcoin Suisse AG has helped the bank offer all the products and services necessary to enable wealthy individuals and
institutional investors to buy, secure, track and trade crypto assets.
Once CME launches its futures contract which is known to be worth Five
bitcoins,
institutional investors shall receive further support
as this can pave the path for
bitcoin legitimization.
The launch of
bitcoin futures is being viewed by various cryptocurrency proponents
as a big step towards legitimizing digital currencies in front of the
institutional investors.
CME and Cboe, the world's largest futures exchanges, launched
bitcoin futures products in December, making it easier for
institutional investors to buy into the cryptocurrency trend, which boosted
bitcoin's popularity
as well.
As many billions of dollars in institutional money flow into the bitcoin market, analysts expect the market valuation of bitcoin to surge, potentially to the $ 1 trillion region, as sugged by billionaire investor Mike Novogratz and prominent financial analyst Max Keise
As many billions of dollars in
institutional money flow into the
bitcoin market, analysts expect the market valuation of
bitcoin to surge, potentially to the $ 1 trillion region,
as sugged by billionaire investor Mike Novogratz and prominent financial analyst Max Keise
as sugged by billionaire
investor Mike Novogratz and prominent financial analyst Max Keiser.
Institutional and retail
investors have just started to invest in
bitcoin and acknowledge it
as a digital currency, a safe haven asset, and a robust store of value.
Furthermore, these are the cryptocurrencies that will likely receive investment from
institutional investors such
as hedge funds that are entering the digital asset space
as they are perceived to have a higher upside than
bitcoin as they are less mature and are still on the way to reaching their full potential.
Institutional investors are more likely to offer
Bitcoin futures to their clients
as a viable investment option.
As mentioned in the previous newsletter, there are three major factors that are behind this surge: rise in demand for
Bitcoin from
institutional investors, strengthening of the Japanese and South Korean markets, and the upcoming SegWit2x hard fork.
For whatever reasons the prices fell,
Bitcoin is still looking at an optimal position to initiate another strong rally, primarily due to the rapidly increasing demand from
institutional investors in major regions such
as the US and Japan, and the decline in support for SegWit2x.
As per the CEO of Coinbase, estimated the amount of
Bitcoin investment from
institutional investors could be at $ 10 billion.
Investors are expecting
Bitcoin price to increase further in the upcoming months,
as tens of billions of dollars in
institutional money flow into the
Bitcoin market.
The
bitcoin bulls who've welcomed the CME Group's plans to introduce
bitcoin futures contracts before year - end
as an easier way for
institutional investors to invest in the sector might want to be more careful what they wish for.
As Bitcoin powered ahead to a new high for a second week in a row, some have speculated that
institutional investors could seek safe haven in the virtual currency in the future.
CMEGroup «Will Make
Bitcoin Not Wild, Nor Wilder»
As Reuters reports Tuesday quoting the veteran financier, regulated
Bitcoin trading CME announced last week will make it «not wild, nor wilder» for
institutional investors.
If the SEC authorizes any
Bitcoin ETFs, many believe that interest from retail
as well
as institutional investors and their billions of dollars could drive
Bitcoin's value to incredible highs.
As Chris Burniske has been known to say, if bitcoin is held by institutional investors as a part of larger portfolios, portfolio managers may need to offload bitcoin to the market as a means of rebalancing in the event of a stock market downturn, which would increase the correlation between bitcoin and the stock marke
As Chris Burniske has been known to say, if
bitcoin is held by
institutional investors as a part of larger portfolios, portfolio managers may need to offload bitcoin to the market as a means of rebalancing in the event of a stock market downturn, which would increase the correlation between bitcoin and the stock marke
as a part of larger portfolios, portfolio managers may need to offload
bitcoin to the market
as a means of rebalancing in the event of a stock market downturn, which would increase the correlation between bitcoin and the stock marke
as a means of rebalancing in the event of a stock market downturn, which would increase the correlation between
bitcoin and the stock market.
As bitcoin became a legal method of payment, demand for the digital currency from retail as well as institutional investors has risen steadil
As bitcoin became a legal method of payment, demand for the digital currency from retail
as well as institutional investors has risen steadil
as well
as institutional investors has risen steadil
as institutional investors has risen steadily.
As Keiser and the LedgerX team noted, Wall Street and the market of
institutional investors are only beginning to engage in
bitcoin and cryptocurrency trading.
On the exchange itself, however, trading volumes of
bitcoin futures remained comparatively low and was reportedly largely dominated by retail
investors [/ URL]
as institutional market participants were concerned about the clearing of these new futures.