Grayscale is buying up a ton of the Bitcoin on the open market. The trust has had a large appetite for BTC over the past few months. According to the head of that organization, it is only going to keep growing.
In this video I discuss how the heavyweights of Wall Street are already getting exposure to Bitcoin. They are doing it through Grayscale. Being pulled in are the insurance companies and pension funds.
▶️ 3Speak
I agree on Bitcoin no longer being a retail token. It just keeps going up without any prolonged pullbacks. The people who are buying now do not seem intent on selling so it just keeps going up in price. I only took a small position in BTC and it is my best performing asset this year. Even the people holding the bags 3-4 years ago are probably out at this point.
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Yeah it seems that a lot of the Bitcoin being purchased is heading to cold storage.
That means it is going to be locked up for a really long time.
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Greyscale is rotchild owned...if that doesn't set off warning bells I dont know what would!
That's good news.
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For satan worshippers everywhere
And for your wallet as well.
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If i find I'm making money off the back of nwo scum I make it and get the hell out of there. The association ends once I find out!
There are a lot of new players and some of them big, and we are still on the bull run, but the day Bitcoin crash will come sooner or later, because is something always happens on all markets.
I’m curious about how everybody will react.
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I think the involvement of the big companies in the crypto space and their investment mostly in Bitcoin and Ethereum simply lays down a strong foundation and price resistance. These companies are not for pump and dump, but rather on long term. Thus I think that will be hard to go back to the past fallouts and I expect a brighter future for the crypto space.
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What's interesting about the involvement of institutions at a large scale in Bitcoin is how it will affect the market cycles of Bitcoin. During 2018, BTC went down from $20,000 to $3,200, which is about 86%. These institutions are presumably long-term thinkers. Do you think they will take profit at a massive scale come next bull market top?
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@taskmaster4450, In my opinion Potential Customer's trends are adopted by big Institutions. Let's hope that this trend will continue. Stay blessed.
Summary:
In this video, the speaker discusses the current state of Bitcoin, emphasizing the significant role that institutional investors are playing in the market through Grayscale. The speaker shares insights on how major funds like insurance companies and pension funds are increasingly investing in Bitcoin through Grayscale. Additionally, the speaker delves into the categorization of cryptocurrencies similar to stocks, mentioning large cap, mid cap, small cap, and micro cap and how investment flows can be understood through this lens. Furthermore, the discussion extends to the potential for individuals to create and grow their own funds through platforms like Hive, highlighting projects such as BroFund, SP Invest, LBI, and D-Hedge.
Detailed Article:
The video opens with a focus on Bitcoin, acknowledging its recent surge in value while also hinting at the possibility of a market correction. The speaker directs attention to Grayscale, highlighting the significant role it plays as one of the largest buyers of Bitcoin on a regular basis, which is especially attractive for institutional investors. The speaker himself describes holding GBTC (Grayscale Bitcoin Trust) in his retirement funds, indicating the limitations individuals face in direct Bitcoin investments due to regulatory constraints.
Moving forward, the discussion shifts to the increasing interest of institutional investors, such as insurance companies and pension funds, in Bitcoin and how they are utilizing Grayscale as a means of exposure to the cryptocurrency. The speaker notes the potential benefits for pension funds that have been underperforming, indicating that Bitcoin investments could provide a much-needed boost to their portfolios.
The speaker then transitions to a comparison between cryptocurrency and traditional stocks, categorizing cryptocurrencies into large cap, mid cap, small cap, and micro cap, similar to how stocks are classified. The speaker explains how institutional money tends to flow into large-cap cryptocurrencies first, and as the market matures, it gradually spreads to mid and small caps. This categorization provides insights into how investments are distributed in the cryptocurrency space.
Furthermore, the discussion touches on the potential for individuals to create and grow their funds through platforms like Hive, referencing projects such as BroFund, SP Invest, LBI, and D-Hedge. The speaker highlights the opportunities for users to actively participate in fund management and token swapping, showcasing a more decentralized approach to investing in cryptocurrencies.
In conclusion, the video underscores the evolving landscape of cryptocurrency investments, particularly in Bitcoin, with a shift towards institutional investors and the potential for individual fund creation. The insights provided shed light on the changing dynamics of the cryptocurrency market and the various avenues available for investors to participate and grow their portfolios.