Institutional Investor Adoption of Bitcoin Is Just Beginning, Say JPMorgan Strategists

Quantitative strategists at JPMorgan including Nikolaos Panigirtzoglou have revealed they believe institutional investor adoption of bitcoin has ‘only begun’, while that of gold is “very advanced,” which could mean BTC will take over some of gold’s market capitalization. According to Bloomberg, the bank’s strategists pointed out that money has been pouring out of gold funds […]