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Goldman and Morgan Stanley reveal $600m Bitcoin ETF disclosures. Will it be enough to convince pension funds to pile in? DLNews 16 aug. 2024

Goldman and Morgan Stanley reveal $600m Bitcoin ETF disclosures. Will it be enough to convince pension funds to pile in? 💼

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.

Sursă: www.dlnews.com ↗

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