Is Grayscale’s Q1 $500 Million Spike Out Of Investor Interest Or Arbitrage?
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bitcoinschannel.com
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As the cryptocurrency market struggles to regain its footing to reach levels set earlier this year, Grayscale, a crypto investment firm largely focused on institutional investors announced a spike in its crypto assets inflows in its Q1 2020 report. Is institutional investment really entering the crypto market or is it an arbitrage seeking game by hedge funds?.
He criticized the claims as “misleading” as most of the funds in these crypto investment firms are derived from hedge funds, who according to Dorman are not real institutional investors. Jeff however, refutes in hedge funds being termed as institutional investments given the motivation behind investing in crypto is more of profit-making than a long term view.
He criticized the claims as “misleading” as most of the funds in these crypto investment firms are derived from hedge funds, who according to Dorman are not real institutional investors. Jeff however, refutes in hedge funds being termed as institutional investments given the motivation behind investing in crypto is more of profit-making than a long term view.
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