The Capital of the Institutional Fund Keeps Pumping into the Bitcoin Market
MassMutual had announced that they purchased worth $100 million Bitcoin yesterday. It shows that the interest from institutional investors is increasing. According to the report of JPMorgan, it suggested that Bitcoin adoption is now expanding from family offices and wealthy investors to bigger investors like insurance firms and pension funds. Therefore, there is a foreseeable future that more institutional funds will keep inflowing into the Bitcoin market.
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