The more crypto funds exists the more they will sooner or later push the market into a big bubble which will implode and leads Bitcoin to his original meaning: Money no Asset. This is because of greediness and not learning from financial crash. So likely at the peak we will see Bitcoin $100,000 up to $1,000,000 but then it will exoplode to the fiat market and the stablecoins (if they exist then) will go zero. This leads into a backleash and kill the funds immense. To understand why the Fund market will overblown in the next few years and to understand why you should by Bitcoins now : Funds at the moment will raise Bitcoin price. So for you its the time to buy now.
Grayscale Investments has announced that shares of both Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received regulatory approval from FINRA for public quotation under symbols: BCHG and LTCN on OTC Markets. Grayscale states that this is the first publicly-quoted securities in the U.S. deriving value from Bitcoin Cash (BCH) and Litecoin (LTC).
Cambrian has landed $4 million of operating capital from high-flying technology and finance investors to help run its $25 million data-driven crypto-trading fund. The seed funding round was led by Renaissance Technologies and First Round Capital co-founder Howard Morgan, the family investment offices of Charles B. Johnson and Franklin Templeton, IVP general partner Dennis Phelps, and Business Insider and MongoDB co-founder Kevin P. Ryan.
Kyle Bass – the CIO of Hayman Capital Management – explained in a tweet to his nearly 200k followers that he believes Bitcoin, gold, and silver are all gearing up to see an explosive move higher. In response to Bass’ recent tweet, outspoken Bitcoin critic Peter Schiff explained that he believes BTC’s inability to outperform gold and silver in recent weeks is a warning sign that suggests it is poised to plunge lower
If Bitcoin Funds explode Bitcoin could go zero and than it is the money we use. Till then never mind when Future Contracts put pressure to the market. There is only one way now: UP!