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Institutionalize Crypto: Big Four Analytics Tools May Lure in Traditional Investors

Published 06/30/2020, 12:14 PM
Updated 06/30/2020, 02:00 PM
Institutionalize Crypto: Big Four Analytics Tools May Lure in Traditional Investors

Once dominated by young and savvy retail investors, the cryptocurrency market has seen increasing interest lately from institutional investors and large fintech firms. For instance, Grayscale Investments most recently added 19,879 Bitcoin (BTC) to its Bitcoin Trust, bringing the firm’s total volume of the predominant cryptocurrency close to a whopping 400,000.

The investment firm further noted in a tweet on June 25 that it is managing $4.1 billion dollars worth of digital assets. It’s also worth noting that leading payment provider PayPal may soon be incorporating cryptocurrency options.

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