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: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • 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: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Institutions Are Betting Big On Crypto: It’s Time to Pay Attention

NewsBTC
NewsBTC
5 years ago
2 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.

One of the long-standing narratives in the crypto industry is that “institutional money is coming.”

The idea behind this narrative goes that once Wall Street — a word encapsulating the world’s financial institutions — has thrown its support behind Bitcoin and other cryptocurrencies, there will be an unstoppable bull run where rising demand will send this market much higher than it is now.

Data suggests that at long last, the institutions are here, with a recent report from a leading crypto-asset manager indicating that Wall Street, at least some segments of it, are betting big on the crypto market, especially Bitcoin and Ethereum.

Institutions Are Betting On Crypto

A report from crypto fund provider Grayscale Investments released this week confirmed that there remain institutional players that continue to demand cryptocurrencies.

The report indicated that during the first quarter of 2020, the firm brought in $503.7 million, with most of the capital allocated in Grayscale’s two flagship crypto funds: the Bitcoin Trust and the Ethereum Trust, which trade on public over-the-counter markets under GBTC and ETH, respectively. $503.7 million is double what the firm raised last quarter, Q4 of 2019.

Grayscale's quarterly report has just hit the wire:

– Inflows into its various cryptocurrency funds soared to an all-time high of $503.7 million.
-More than $1 billion was raised in last 12 months.
– 88% of investors were institutions pic.twitter.com/3sMMvk6OJ6

— Frank Chaparro (@fintechfrank) April 16, 2020

What was especially notable about this metric is that according to Grayscale, 88% of the $500 million in inflows came from institutional accounts, with multi-strat hedge funds, global market funds, and other categories of funds all expressing demand for cryptocurrency.

Fidelity Investments has corroborated this trend. Speaking to The Block’s Frank Chapparo, a spokesperson for the multi-trillion-dollar Wall Street asset manager said that the firm’s crypto business is in the midst of seeing “pipeline growth.”

Anecdotal evidence, too, has confirmed the overall trend of Wall Street institutions dabbling in crypto. Mike Novogratz, CEO of Galaxy Digital and a former partner at Goldman Sachs, said in a recent interview with Bloomberg TV that he has seen an increasing number of hedge funds and other institutional investors dive into cryptocurrency over recent weeks and months.

Join the Institutional Wave

Many readers of this article are unlikely to be institutional investors, but retail investors too can easily gain exposure to Bitcoin and other cryptocurrencies and, thus, can also benefit from the narratives pushing this market higher and lower.

One such way is through SimpleFX, a leading multi-asset trading platform available through desktop, tablet, and mobile. Cryptocurrencies are core to SimpleFX’s online trading interface called “WebTrader,” which allows users to trade a variety of assets — from Bitcoin and Ethereum to stocks, foreign exchange, commodities, and stock indices — using margin.

WebTrader isn’t only a place where people can trade assets, it is also a place where users can analyze the movements of assets through indicators and read up on fundamentals through the integrated news aggregator.

The specific set of cryptocurrencies the site supports is as follows: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and Ripple’s XRP. It’s a comprehensive list that should afford traders many opportunities to profit from the trends of 2020.

Photo by Peter Nguyen on Unsplash
Tweet123Share211ShareSend
NewsBTC
NewsBTC

NewsBTC

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

World Liberty Financial

World Liberty Financial Token Proposal Garners Massive 99% Support

Holders of the World Liberty Financial token, WLFI, have voted overwhelmingly to make these tokens tradable, a decision that could...

Ronaldo Marquez 3 hours ago

Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote

Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset...

Rubmar Garcia 5 hours ago
Miner Position Index Rises As Bitcoin Rebounds Post-CPI Data—Here’s What It Means

Miner Position Index Rises As Bitcoin Rebounds Post-CPI Data—Here’s What It Means

Bitcoin (BTC) is showing signs of recovery following a brief market retreat triggered by the latest US Consumer Price Index...

Samuel Edyme 6 hours 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

Coinbase

Coinbase Unveils ‘Super App’ To Expand Crypto Access–Details

Ronaldo Marquez 54 minutes ago
Crypto whale short $62 miljoen Ethereum met 18x leverage – ETH koers crasht naar $2900?

Crypto whale short $62 miljoen Ethereum met 18x leverage – ETH koers crasht naar $2900?

Lars Diederiksen 18 minutes ago
Crypto expert: Bitcoin koers gaat snel exploderen naar $250.000

Bitcoin Touches 8-Year Trendline That Marked Previous Cycle Tops

Scott Matherson 2 hours ago

Premium Sponsors

Press Releases

  • Conheça as melhores novas criptomoedas em pré venda em 2025

    Mùa Meme Coin Đã Bắt Đầu? Bonk, Pepe Tăng Mạnh...

    1 hour ago
  • BONK Tăng Mạnh Gây FOMO – TOKEN6900 Có Phải Là...

    2 hours ago
  • Altcoin

    Những Alt coin Tốt Nhất Nên Mua Ngay Khi Bitcoin...

    2 hours ago
  • 2 kryptoměny s extrémně vysokým oceněním, které mohou stát za to riziko

    2 kryptoměny s extrémně vysokým oceněním, které...

    16 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    2 rendkívül magas árfolyamú kriptovaluta, amelyeket...

    17 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.