While you would be waiting for institutional investors’ entry in the crypto market, let us tell you they have already started chipping in! The latest report from Bloomberg notes that “institutional investors are becoming more involved in the $220 billion cryptocurrency market than many observers may realize.”
Bobby Cho, global head of trading at Cumberland, the Chicago-based cryptocurrency trading unit of DRW Holdings LLC, said that high-net individuals are now getting replaced by hedge funds in the crypto market. The hedge funds are said to be the biggest buyers for over-the-counter
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