Crypto Is at an Inflection Point. What Needs to Happen to Draw Institutional Investors In.
Digital assets are at an inflection point. Institutional engagement with the asset class is reaching unprecedented levels. That development may seem strange in light of the significant downturn we’ve seen in the crypto markets, but this bear market is unlike any that we’ve seen before.
Institutional players are now looking long-term when it comes to digital assets, despite the short-term volatility. This summer has seen leading asset managers including Abrdn, Blackrock, and Charles Schwab invest in digital-asset offerings. These developments are representative of a broader trend, with a wide spectrum of investors clamoring for access to the sector. According to a PwC report earlier this year, more than a third of traditional hedge funds now invest in digital assets, nearly double the figure from a year earlier.
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hey @hjm32471 You copied this text from somewhere else and posted it here.
I have given the source from where you copied the text below,
https://www.barrons.com/articles/crypto-is-at-an-inflection-point-what-needs-to-happen-to-draw-institutional-investors-in-51664568399?siteid=yhoof2
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