Replies to post #22634 on Franklin, Andrews, Kramer & Edelstein

[scion]

Big money stays away from booming bitcoin

Jemima Kelly, Maiya Keidan OCTOBER 23, 2017 / 6:11 AM / UPDATED 8 HOURS AGO

LONDON (Reuters) - Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion.

Yet for all the hype, mainstream institutional investors are steering clear of the nascent market, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people’s money in.
...
more
https://www.reuters.com/article/us-markets-bitcoin-institutional/big-money-stays-away-from-booming-bitcoin-idUSKBN1CS0EB