{"id":129731,"date":"2020-12-09T21:27:00","date_gmt":"2020-12-09T18:27:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin\/"},"modified":"2020-12-09T21:27:00","modified_gmt":"2020-12-09T18:27:00","slug":"game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin\/","title":{"rendered":"# Game recognize game: Institutions make it easier to invest in Bitcoin"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6ac6191af367d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6ac6191af367d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin\/#Institutions_stand_to_benefit\" >Institutions stand to benefit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin\/#Will_FOMO_prevail\" >Will FOMO prevail?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin\/#What_does_the_future_hold_for_the_market\" >What does the future hold for the market?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a> recognize game: Institutions make it easier to invest in Bitcoin <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvZDI5MzNhMTAtM2MzYS00ZjIwLWFjOWUtMjU1NWFiZTRiMzAyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>With the crypto sector currently riding a wave of bullish sentiment, as demonstrated by Bitcoin (BTC) passing its all-time high value of $19,892 at the start of the month, causal as well as institutional investors all over the world are now becoming more interested in the growing sector. For example, on Dec. 3, S&amp;P Dow Jones Indices announced that it\u2019s set to launch several crypto indexes, with a reported 550 coins to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear starting next year.<\/p>\n<p>The aforementioned offerings will be facilitated by S&amp;P Global in conjunction with the CME Group and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> Corp. As part of the press release announcing the launch, a spokesperson for S&amp;P DJI <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/sp-dow-jones-indices-builds-crypto-indexing-capabilities-with-lukka-301185622.html\">alluded<\/a> to Bitcoin and other prominent altcoins like Ether (ETH) and Bitcoin Cash (BCH) as being part of an attractive \u201cemerging asset class.\u201d<\/p>\n<p>S&amp;P DJI also reported that it will join hands with blockchain data provider Lukka to launch the aforementioned indexes. As a result, <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/RyanSAdams\/status\/1336093523595177985\">some<\/a> in the crypto community are of the opinion that the industry has finally made permanent inroads into the financial mainstream. Stephen Stonberg, chief financial and operating officer at Bittrex Global, told Cointelegraph that while the announcement has definitely been a welcome one, mainstream adoption has been looming:<\/p>\n<blockquote><p>\u201cThis is more of a continuation of an existing trend rather than a watershed moment. By putting crypto asset risk into the form of a traditional index-based-ETF, this should offer additional access points to the crypto market by mainstream investors. This will compete with the BTC-only high-cost products that exist now for this audience.\u201d<\/p><\/blockquote>\n<p>However, Douglas Borthwick, chief marketing officer of cryptocurrency exchange INX, provided an alternative view that while crypto is certainly making a mark on the financial mainstream, it still has a long way to go. He added that \u201ccrypto\u201d is not just about \u201cBitcoin\u201d but offers so much more: <em>\u201c<\/em>There are so many categories these days that fit under the \u2018crypto\u2019 umbrella. For sure a permanent impression has been made. But that impression remains one of skepticism as opposed to one related to the future.\u201d<\/p>\n<p>That being said, S&amp;P DJI\u2019s above-stated move showcases a clear commitment from mainstream players to embrace Bitcoin and other digital currencies. For example, earlier this month, Grayscale Bitcoin Trust increased in tandem with its premium, which surpassed the 30% mark on Dec. 3, serving as a clear indicator of increasing institutional demand for crypto.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Institutions_stand_to_benefit\"><\/span>Institutions stand to benefit <span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>According to Stonberg, S&amp;P DJI\u2019s latest move essentially entails the trading of digital\/tokenized assets in the format of a traditional equity product that trades during standard trading hours. To put it simply, it\u2019s a way to get institutional equity money indirectly into the crypto space \u2014 a process of convergence between traditional and crypto financial markets, which will most likely take a few years to play out.<\/p>\n<p>On the subject, Anton Churyumov, founder of Obyte \u2014 a distributed ledger based on directed acyclic graph <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> \u2014 told Cointelegraph that institutions will always chase everything that makes money for them and their clients, adding:<\/p>\n<blockquote><p>\u201cWith crypto indexes, the asset class becomes better recognized and easier to sell to clients. Maybe even more importantly, with DeFi, crypto now has a much wider choice of instruments that appeal to different investors, for example, there are now \u2018stable+\u2019 coins for more conservative investors.\u201d<\/p><\/blockquote>\n<p>Jack Tao, CEO of Phemex \u2014 a cryptocurrency exchange headed by former Morgan Stanley executives \u2014 believes that soon, it will not be surprising to see an explosion of new services and products, making this domain even more appealing to members of the traditional finance sector: \u201cI\u2019m quite confident that these giants will not want to miss the crypto train. This is just the beginning, I expect to see a lot more funds and investment flow in soon.\u201d<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_FOMO_prevail\"><\/span>Will FOMO prevail?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As crypto continues its long-term price ascent, it\u2019s worth investigating if institutional investors will catch crypto FOMO \u2014 the fear of missing out. In this regard, Sarah Austin, head of content for Kava Labs \u2014 a decentralized finance firm \u2014 told Cointelegraph that according to her sources, over-the-counter desks have seen large inflows from financial institutions. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>PayPal\u2019s baby steps into crypto aren&#8217;t dampening the hype for adoption<\/em><\/strong><\/p>\n<p>Not only that, as regulation becomes more favorable for the crypto market and as more large players like PayPal, Square and MicroStrategy broadcast their adoption of the asset class, it lends to the argument that the increase in interest has a sound basis. Chris Norris, head of corporate relations for Electroneum, told Cointelegraph:<\/p>\n<blockquote><p>\u201cI believe that we will see the same FOMO from institutional investors moving forward, as we did from retail investors back in 2017 when Bitcoin and the crypto market reached all-time highs. However, the key difference here is that a new asset class is emerging and the recognition by institutional investors is a sign that we will see new ATHs.\u201d<\/p><\/blockquote>\n<p>Lastly, as the use of Ethereum and its associated smart contracts continue to gain traction, it will most likely spur the value of most premier cryptocurrencies in an upward direction, with Austin stating: \u201cWith more institutional players in crypto other digital assets could fare better as the crypto space and traditional finance become more aligned.\u201d<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_the_future_hold_for_the_market\"><\/span>What does the future hold for the market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Tao believes that in the long term, the value of most crypto assets will continue to soar higher, likely reaching new all-time highs. However, in his view, the price of a digital currency alone cannot be used as an indicator of things to come, adding: \u201cUltimately what drives things forward is the technology and innovation behind each project. That is what attracts new users and moves the market.\u201d<\/p>\n<p>Churyumov believes that while prices may rise significantly in the near term, he isn\u2019t entirely sure of whether or not this trend will continue after the \u201cmoney printing slows down on the other side of the pandemic.\u201d<\/p>\n<p>Lastly, Norris pointed out that there have been clear indications that most major institutional investors are currently buying BTC and ETH every time the prices dip, which serves as another indicator that they have decided to invest in the crypto market as a long-term strategy.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/game-recognize-game-institutions-make-it-easier-to-invest-in-bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Game recognize game: Institutions make it easier to invest in Bitcoin &#8221; With the crypto sector currently riding a wave of bullish sentiment, as demonstrated by Bitcoin (BTC) passing its all-time high value of $19,892 at the start of the month, causal as well as institutional investors all over the world are now becoming&#8230;<\/p>\n","protected":false},"author":1,"featured_media":129732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/d2933a10-3c3a-4f20-ac9e-2555abe4b302.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,75720,74355,117,70359],"class_list":["post-129731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-investment","tag-adoption","tag-business","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/129731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=129731"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/129731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/129732"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=129731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=129731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=129731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}