Harvard, Stanford Among Endowments Joining Yale in Cryptocurrency Investing

Bitcoin (BTC), Cryptocurrency–As the price of Bitcoin continues to falter over the last twenty four hours, with the greater altcoin market falling substantially in response, investors continue to wait upon positive news in relation to “institutional money.” The atmosphere surrounding crypto over the summer was near maniacal on emphasizing the need for Bitcoin Exchange Traded Funds. As opposed to dealing with the unregulated, Wild West marketplace of traditional cryptocurrency exchanges and investing routes, which are ripe for manipulation and outright fraud, large capital players such as Wall Street banks and investment firms would find the proposition of a crypto ETF far more appealing. However, the United States Securities and Exchange Commission (SEC) has continually found ways to delay the ruling on BTC ETF approval, either outright denying proposals or calling for more time to evaluate the position.

Last week, EWN reported that Ivy League institution and top U.S….