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RE: How much institutional demand is there really for crypto?
I would rather have university endowments investing in the space than those fools who think a market isn’t mature enough to warrant interest until it has derivatives. Actual words out of a CFTC official’s mouth.
What they mean of course is that if they can’t manipulate it reliably, what use is it?
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Yep, endowments will be huge for crypto. Specifically bitcoin, but if they are buying crypto funds, perhaps they will be good for several coins.