NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Blockchain CEO Sees Institutional Cryptocurrency Space as Immature

Nick Chong
Nick Chong
7 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Peter Smith, CEO of Blockchain, recently went on Bloomberg to give his opinion on the current state of institutional investment in the cryptocurrency industry.

Will Blockchain Principal Strategies Fill a Growing Need with Institutional Investors?

After the recent launch of Blockchain Principal Strategies (BPS), Peter Smith, the CEO of Blockchain, went on Bloomberg to give additional insight into the BPS platform launch.

For those who are unaware, BPS is a platform aimed at enticing and facilitating institutional investment in the cryptocurrency industry. Blockchain plans on improving institutional access by providing over-the-counter (OTC) trading, offering the purchase and selling of a multitude of cryptocurrencies without affecting exchange order books.

Smith went on to say that the current institutional investment environment around the cryptocurrency space is ‘immature,’ expecting that the BPS platform will fill a growing gap with institutional investors. This platform will be staffed by experienced money managers, well-versed in managing and trading assets in fast-paced environments.

He specifically stated:

“There’s not a lot of really mature platforms out there that are staffed by the kind of people that institutions are used to dealing with. So really, institutions are looking to gain exposure in a safe way and increasingly they are motivated about getting the best execution. But today, the institutional market is fairly immature and fairly nascent.”

When enquired about what makes BPS stand out from Coinbase‘s or Circle’s institutional investment services, the CEO noted that Blockchain intends to offer a variety of services, not just trading. Whether this is through research services, ‘deep-liquidity’ or custody services, Blockchain plans on offering a ‘much more comprehensive offering’ for institutional investors.

Peter Smith Sees Institutional Investment Slowing

Smith noted that institutions are currently only setting up for eventual investment, rather than putting money into the market in its current state. He elaborated, saying:

“I think there are two separate things (for institutional investors). One is institutions wanting to set up, so they can trade and then there is the institutions wanting to trade. Right now you are seeing a lot more of the former, then the latter. I think you will have to see the market reverse before you see more of the latter.”

Contrary to popular belief, the Blockchain CEO mentioned that institutional investment in Asia isn’t as present as people put it out to be. In fact, a majority of the inbound investment is arriving from London and New York, where large financial institutions are often situated.

Despite the variety of financial institutions, Smith noted that a majority of institutions investing in the market are large family offices or hedge funds, who are most likely looking for longer-term returns.

Smith sees the London and New York markets as ‘limited,’ in terms of capital flow from traditional firms, acknowledging that the cryptocurrency market is still mostly retail driven. This statement should come as a surprise to some, as it was expected that institutional investors would empty their pockets for the industry en-masse.

But as stated by Smith before, the cryptocurrency market could take years to come to full fruition, when cryptocurrency and blockchain-related technologies begin to take over traditional systems. He wrote:

“Investors should only invest if they believe in the long-term vision of creating a global, stateless, opt-in financial system. They should also be prepared to hold their position for a very long time. I know I am.”

Hopefully, a service like BPS can help to draw in institutional investment and involvement, which will undoubtedly become a vital aspect of the cryptocurrency market in the years to come.

Featured image from Shutterstock.

Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

bitcoin

Bitcoin Uptrend Intact, But Binance Activity Warns Of Short-Term Pullback

Bitcoin (BTC) reached a new all-time high (ATH) yesterday, climbing to $111,999 on Binance exchange before dipping slightly to around...

Ash Tiwari 2 days ago
WLFI

Trump Family’s WLFI Token: Experts Bullish On $5 Price Projection Post-Launch

World Liberty Financial, a decentralized finance (DeFi) platform backed by President Donald Trump and his family, is poised to launch...

Ronaldo Marquez 2 days ago
Bitcoin Consolidates Below All-Time High as Spot Market Drives Momentum

Bitcoin Consolidates Below All-Time High as Spot Market Drives Momentum

Bitcoin’s price movement remains in focus as it continues to consolidate just below its previous all-time high. Despite a brief...

Samuel Edyme 3 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Breaks Records: What Miners and Leverage Traders Are Doing Behind the Scenes

Bitcoin Breaks Records: What Miners and Leverage Traders Are Doing Behind the Scenes

Samuel Edyme 1 day ago

No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential

Ash Tiwari 1 day ago
Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?

Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?

Samuel Edyme 2 days ago

Premium Sponsors

Press Releases

  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    22 hours ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    23 hours ago
  • 新しい仮想通貨価格動向|話題の最新コインの成長可能性

    ...

    23 hours ago
  • アルトコイン注目銘柄|2025年7月第2週に見るべき3銘柄

    ...

    23 hours ago
  • ロビンフッドが1ドルから始めるETHとSOLのステーキングを開始──今注目の仮想通貨投資はこれだ?

    ...

    23 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.