With 2021 just about in the rearview mirror, it’s a good time to reassess the notion that cryptocurrency is still a risk-on asset class. After all, crypto’s risk will help determine how to allocate assets in 2022.For many traders, the massive selloff of March 2020 is still a memory, be it one of great pain or profit. Bitcoin and ether as well as just about every cryptocurrency … [Read more...] about Why Portfolio Managers Will Need to Look at Altcoins in 2022
Managers
Fund Managers Expect Bitcoin Price Over $75k in 12 Months: BofA Survey
Most global fund managers expect the price of bitcoin to surpass $75,000 in 12 months, according to a Bank of America survey of global fund managers seen by CoinDesk.A quarter of fund managers expect the price of bitcoin to be over $75,000 in one year, compared with 20% who think it will remain relatively flat, between $50,000 and $75,000, and 19% who think it will fall to … [Read more...] about Fund Managers Expect Bitcoin Price Over $75k in 12 Months: BofA Survey
Asian hedge fund managers favor growth over Bitcoin: Goldman Sachs survey
Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs' poll with the Asian chief investment officers tells a different story.Goldman Sach Global Investment Research published a new survey polling 25 chief investment officers from different hedge funds. The results show that Bitcoin is the least … [Read more...] about Asian hedge fund managers favor growth over Bitcoin: Goldman Sachs survey
Institutional managers hold a record $13.9B worth of Ethereum
Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares.Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources to the smart-contract platform. Month-to-date inflows for ETH products totaled $170 million, bringing … [Read more...] about Institutional managers hold a record $13.9B worth of Ethereum
5 largest regulated US digital asset managers hold over $46B of crypto
Cointelegraph Consulting’s 2021 ranking of the top five United States-based regulated crypto asset management firms highlights that Bitcoin’s explosive growth in price has catapulted many digital asset managers past the half-billion-dollar mark. As more and more investors are turning to the digital asset market, these companies are on track to becoming important players in the … [Read more...] about 5 largest regulated US digital asset managers hold over $46B of crypto