Bitcoin Can No Longer Be Ignored By Banks & Asset Managers
Any so called professional at this point in finance or banking who denies the power of Bitcoin is either lying or in complete denial .
BANKS, ASSET MANAGERS CAN NO LONGER IGNORE BITCOIN
” Banks and traditional asset managers used to stay away from Bitcoin and other cryptocurrencies, fearing for their reputation and scared of lack of regulation and wild volatility. However, the recent performance proved that Bitcoin should not be ignored.
A recent survey carried out by Eurekahedge found that dedicated crypto funds returned over 16% last year. Elsewhere, Hedge Fund Research (HFR) said that traditional hedge fund strategies returned 10.4% for the same period. ”