[vc_row][vc_column][vc_paragraph text=”The current size of the cryptocurrency market is around $ 200 billion, up from $ 18 billion at the beginning of 2017, and this proves that digital assets are getting closer to the mainstream.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”New players have shown interest in the crypto space” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Part of the impressive growth in the crypto asset sector is due to institutional investors shifting their money into alternative investments, including Bitcoins and other crypto assets.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Inflationary policies of world governments, such as printing money and lowering interest rates, have forced more institutional players to seek cryptocurrency as a protection against inflation.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Numerous well-known mutual funds, such as Ark Invest and Horizon Kinetic, currently boast billions of dollars worth of crypto assets under management, indicating a significant increase in institutional interest.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”For example, JP Morgan recently changed its once critical stance on digital assets, announcing plans to invest $ 20 million in a fundraising round for the Consensys blockchain consortium.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Similarly, CommerzVentures, the investment arm of Commerzbank in Germany, reported that it had invested in a digital asset security startup, Curv.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Grayscale is a leader in institutional investment” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”4090″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Grayscale Bitcoin Trust (GBTC) has become a leading investment vehicle for institutional players who want to profit from the potential rise in crypto prices.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Since its founding in 2014, GBTC has increased its investment holdings from $ 42.8 million to about $ 4.5 billion this year, marking an increase of about 10,000% over six years.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”A few weeks ago, Grayscale Investments filed a quarterly report detailing that as of June 30 of this year, the company’s Bitcoin Trust volume had grown by more than $ 1.1 billion.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The latest report seems to suggest that every quarter Grayscale’sgrayscale’s digital assets under management (AUM), rise to new record levels. One Reddit user even commented that an investment in Grayscale bought 5,973 BTC in just five days in early August. This latest purchase now gives the company huge funds worth $ 4.6 billion.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”More and more investors are turning to cryptocurrency in the face of market turbulence”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The growing interest in cryptocurrency among institutional players was noted in a recent report by Fidelity Digital Assets. From November 2019 to March 2020, the company conducted a survey to better understand institutional interest and acceptance of cryptocurrencies.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Their results showed that about 80% of institutional players in Europe and the US find crypto assets attractive, prompting Fidelity Digital Assets CEO Tom Jessop to note:”][/vc_column][/vc_row][vc_row][vc_column][vc_quote title=”” text=”“These results confirm the observed trend in the market towards greater interest and acceptance of the crypt as a new class of investment instrument.“”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Investors around the world are increasingly seeing the need to include crypts in their portfolio, mainly due to their uncorrelation with traditional assets in times of market uncertainty.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Several prominent hedge Fund investors, such as Paul Tudor Jones, have promoted bitcoin investments, and even invested large sums in the flagship crypto asset.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Obviously, the institutional implementation of BTC and other crypto assets has already arrived, which indicates the work done by cryptocurrency advocates to create a reliable ecosystem suitable for mass adoption.”][/vc_column][/vc_row]
