Katie Haun, who will co-chair Andreessen Horowitz's $2.2 billion crypto fund, says infrastructure will be a key investment area.
35% of financial advisors surveyed by Credit Suisse indicated that they will be adding digital assets to client portfolios "in the future."
North American hedge funds surveyed were the most bullish about crypto, saying they expected to ramp up their exposure to 11% on average.
The lesson from the 2018 bitcoin crash is that the current bear market may last months, JPMorgan strategist Nikolaos Panigirtzoglou told Insider.
Coinbase said it currently serves around 8,000 institutional clients who had $122 billion on its platform in the first quarter.
43% of fund managers with $625 billion assets under management surveyed by BofA said that "long Bitcoin" is the most crowded trade right now.
Companies were increasingly adopting bitcoin. But things could change after Elon Musk harshly criticized the cryptocurrency's environmental impact.
State Street's Currenex is set to provide the underlying trading technology for Pure Digital's institutional digital currency trading platform.
Morgan Stanley is set to become the latest big player to move into crypto, a report said.
Citi said bitcoin is at a "tipping point" and could become central to global finance if institutional adoption and rapid innovation continues.
Kevin O’Leary told CNBC on Thursday bitcoin is irrelevant to financial markets and at risk of regulation. His comments come as an increasing number of institutions like Guggenheim and SkyBridge capital invest millions into the cryptocurrency, driving a rally of over 200% in 2020. “I’m waiting for the day that […]
Anthony Scaramucci’s SkyBridge Capital just launched a bitcoin fund and invested $US25 million of capital. It will go live to outside investors in 2021. After bitcoin’s 200% rally this year, investors may be hesitant to buy bitcoin at current levels. But Scaramucci told CNBC the coin is in its “early […]