If you ask 10 people, 9 people would say that Institutional money is expected to trigger the next bull run in crypto markets. It was assumed that the Bitcoin ETF would open floodgates for institutional money, but umpteen number of rejections and delays seems to have forced institutional investors to take various routes into cryptos.
The market has been spiralling downward over past couple of weeks and has lost over 30 billion in market cap. While a lot of individual investors have found their capital wiped off institutional investors too have had no respite. According to the latest tweet from Grayscale Investment, the digital asset management firm has lost nearly
Grayscale Investment, released it crypto assets undermanagement statement and it had an element of surprise. The second highest net asset under management in the portfolio was Ethereum Classic which stood at USD 70.5 mn only second to Bitcoin. Will all eyes are on ETC’s Coinbase listing, this news seems to be a bigger positive for