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One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency. He believes that bitcoin will be worth more than gold, placing its value at […]Powered by WPeMatico
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that details how the company helped the firm One River Asset Management make “one of the […]
The post Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’ appeared first on Bitcoin News.
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Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River Asset Management has bought more […]
The post $1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million appeared first on Bitcoin News.
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