Lack of Bitcoin Investment by Professionals “Odd” Given Stock Market Trends

For years now, Bitcoin investors have been saying that once the money managers and institutional investors of the world take up positions in in the crypto asset, the price will soar to levels currently unthinkable. However, such an influx of capital is yet to occur.

For at least one digital currency analyst, this is “odd”, particularly given how different stocks perform for investors. Meltem Demirors says that investments should be made based on people’s perception of the future and that Bitcoin will central to the future of finance.

Since Most Most Stocks Are Poor Investments, Why Don’t Money Managers Take a Chance on Bitcoin?

In a Twitter thread posted earlier today, CoinShares Group Chief Strategy Officer said that she found the lack of risk taking by investment professionals “odd”. Demirors pointed out that stock in less than one percent of companies drives more than three quarters of the entire stock market’s returns. Meanwhile, a large number of investments simply…