Institutional ownership may soften future Bitcoin market crashes
Photo: The Currency Analytics
Community Trust Score Verified 92 % Real Verified 24 votes Updated 47 seconds ago BloFin CEO Matt Hu stated that Bitcoin’s future market crashes could become less severe than previous cycles due to a shift in the asset’s ownership base toward institutional investors with longer investment horizons. Hu made these remarks at TOKEN2049 in Singapore, noting that the entry of ETFs and corporate treasuries is altering the dynamics of panic selling during downturns.
Source: The Currency Analytics
