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, Institutional investors are here to stay, Forex-News, Forex-News
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Institutional investors are here to stay

, Institutional investors are here to stay, Forex-News, Forex-News

, Institutional investors are here to stay, Forex-News, Forex-News

Finally, and after eleven years of waiting, institutional investors begin to make themselves felt in the cryptocurrency market. And it is that, so far in 2020, the large investment firms have entered the world of crypto assets in a massive way. Acquiring millions of dollars in Bitcoin through options like Grayscale. Therefore, for Anthony Pompliano in the Tweet of the day, institutional investors are here to stay:

Institutional investors in Bitcoin

Institutional investor participation is no small feat for the crypto community. On the contrary, for a long time the entry of large investment firms into the crypto market has been seen as the final solution to the problem of volatility. The element that will finally provide stability and maturity to cryptocurrencies like Bitcoin.

And it is that, the entry of institutional investors to the market does not only imply an increase in demand, with the consequent increase in the price of cryptocurrencies. But, and above all, it means the increase in the market capitalization of currencies like Bitcoin, and the decrease of the dominance that actors like the whales have over these virtual currencies.

Therefore, the fact that this year banks, firms, and large investors are buying Bitcoin, has been the most important and consequent news for the crypto world. Reaching the point where according to Grayscale, a company that serves as an intermediary between investment firms and the crypto market, the flow of institutional investors has increased six-fold compared to last year. As Anthony Pompliano commented on his Twitter account:

«Grayscale CEO @Sonnenshein says that revenue is up 6x over last year and today’s investors are very sophisticated and write very large checks. The institutions are here and it is glorious to see them».

Alongside this tweet, Anthony Pompliano included a video from Grayscale CEO Michael Sonnenshein speaking about the situation for institutional investors. Showing how investment funds seem to have come to stay in the crypto market, through options like Grayscale.

, Institutional investors are here to stay, Forex-News, Forex-News

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, Institutional investors are here to stay, Forex-News, Forex-News

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