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Pension Funds Buying Bitcoin Driving Massive Growth, According To Grayscale

Grayscale CEO Michael Sonnenshein has stated pension funds are driving  Grayscale’s massive growth. Grayscale’s newly-named CEO Michael Sonnenshein told Bloomberg on Thursday that pension funds and endowments are investing actively into Grayscale’s funds, i.e., GBTC. Sonnenshein stated: “We’ve started to see participation not just from the hedge fund segment, which we’ve long seen participation from,… Read More

JPMorgan Analysts See $600 Billion Entering Into Bitcoin Market After Mass Mutual Purchase of $100 Million

JPMorgan’s analysts have predicted Bitcoin will soon face significant demand following a recent $100 million purchase by MassMutual. The analysts conclude that even more traditional investors, including pension funds, will jump into the cryptocurrency game where they estimate a sum of $600 billion could enter the Bitcoin market. JPMorgan Chase’s analysts moreover noted that they… Read More

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