Goldman Sachs and Morgan Stanley have revealed $600 million in Bitcoin ETF disclosures, potentially signaling a new wave of institutional investment in cryptocurrency.
According to figures from the Urban Institute, public pensions currently allocate 71% of their funds to equities and 21% to debt securities.
The question remains whether these disclosures will be enough to convince pension funds to shift part of their allocations into Bitcoin ETFs.
Source: www.dlnews.com ↗