Bitcoin Rally Has ‘Serious Institutional Money’ Behind It, Devere Says
Bitcoin’s renewed advance reflects stronger institutional demand, according to Devere Group CEO Nigel Green, who predicts that bulls have regained control. His outlook follows a rebound in ETF inflows, despite uneven fund demand and a U.S. legislative setback. Green Sees Institutional Demand Supporting Bitcoin Bitcoin’s recovery could gain durability from institutional allocations, according to comments […]
Key Takeaways
- Bitcoin’s renewed advance reflects stronger institutional demand, according to Devere Group CEO Nigel Green, who predicts that bulls have regained control.
- His outlook follows a rebound in ETF inflows, despite uneven fund demand and a U.S.
- Green Sees Institutional Demand Supporting Bitcoin Bitcoin’s recovery could gain durability from institutional allocations, according to comments […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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