Bitcoin Marketcap
$1.15T
Gold Marketcap
$16.15T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.15T
Gold Marketcap
$16.15T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bloomberg is reporting that: "A $150 billion Morgan Stanley investing arm [Counterpoint Global] known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets."
The story highlights pressure from clients, and competitive pressure vs other firms, as recent impetus for managers to add bitcoin to their investment universe:
Even institutional investors, barred by the rules of their funds from holding Bitcoin directly, have turned to such trusts. For Wall Street firms, an inability to offer Bitcoin to those clients raises the risk of losing them to other managers. That may spark fresh discussions in the industry about opening up to the asset.
tldr