Auto Added by WPeMatico

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an…

Continue ReadingJPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold

In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside…

Continue ReadingBill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold