One of THE topics in 2019 the issue of “institutionalization” and “institutional investors with security”. The hope behind this is that If large investors, such as mutual funds, pension funds, etc. to start Bitcoin install in your portfolio, would drive this “Big Money” the Bitcoin exchange rate. Since these investors manage huge sums of money would be sufficient a very low percentage of the total managed money. This scenario has come true this year, as the Coinbase CEO, said in an Interview. Nonetheless, some see in 2020, still much air upward. The “Big Money” in 2020, a driver of growth is?
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Institutions take calls on Bitcoin
In a recent Interview with Bloomberg, Henri Arslanian, a Crypto Leader at the world group, PricewaterhouseCoopers (PwC), a very optimistic, was, with regard to the institutionalization of next year.
As had happened in the last 24 months, very much in the terms of the regulation. Example of this is the increasing clarity in the area of the taxation of crypto currencies around the world. This is essential for large investors.
As another important point of the Crypto-expert sees progress in investment opportunities for large investors. So, there are now many regulated solutions in the area of custody, Fund and Investment products such as Futures.
As a direct result of Arslanian expected that commitment from 2020 and, in addition, further institutions. Another reason for your commitment is also the fact that institutional customers develop a greater interest in Crypto is but.
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Libra, your friend and helper
In the Interview, the expert was also on the project Libra from Facebook and some other companies. He is of the opinion that “Bitcoin is always currencies, the mother of all Crypto”, Libra has, however, ensured that the issue receives more attention on a big stage.
So was, in his opinion, Libra the trigger for this is that more Central banks, Bitcoin and other crypto currencies take more seriously. For example, nearly 70% of all Central banks deal with Crypto.
All in all, we can look forward to as the Bitcoin and Crypto – Fans and so on a year 2020, in the more institutional investors the ability to perceive, regulate to enter in the market. Not only this, but also, of course, all of which have brought up already in the market position. The Halving in may could also contribute, maybe its part of a Bitcoin price rocket in 2017.
How do you see the development around the institutionalization of Bitcoin and co.?
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