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Behind the Surge in Institutional Bitcoin Demand: What the Numbers Really Say
This story was originally published on HackerNoon at: https://hackernoon.com/behind-the-surge-in-institutional-bitcoin-demand-what-the-numbers-really-say.
Institutions and countries are ape-ing into bitcoin. Why? Do they know something we don't?
Check more stories related to web3 at: https://hackernoon.com/c/web3.
You can also check exclusive content about #Bitcoin, #instituitional-investments, #institutional-investors, #financial-institutions, #cryptocurrency-investment, #crypto-adoption, #crypto-trading, #good-company, and more.
This story was written by: @Pauly2020. Learn more about this writer by checking @Pauly2020's about page,
and for more stories, please visit hackernoon.com.
Companies don’t typically throw hundreds of millions at volatile assets without a thesis. But over the past four years, institutional Bitcoin buying has shifted from fringe experiment to boardroom strategy. Even traditional finance players like BlackRock and Fidelity have launched spot Bitcoin ETFs.
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By HackerNoonThis story was originally published on HackerNoon at: https://hackernoon.com/behind-the-surge-in-institutional-bitcoin-demand-what-the-numbers-really-say.
Institutions and countries are ape-ing into bitcoin. Why? Do they know something we don't?
Check more stories related to web3 at: https://hackernoon.com/c/web3.
You can also check exclusive content about #Bitcoin, #instituitional-investments, #institutional-investors, #financial-institutions, #cryptocurrency-investment, #crypto-adoption, #crypto-trading, #good-company, and more.
This story was written by: @Pauly2020. Learn more about this writer by checking @Pauly2020's about page,
and for more stories, please visit hackernoon.com.
Companies don’t typically throw hundreds of millions at volatile assets without a thesis. But over the past four years, institutional Bitcoin buying has shifted from fringe experiment to boardroom strategy. Even traditional finance players like BlackRock and Fidelity have launched spot Bitcoin ETFs.