‘The Higher The Price Goes, The Less Risky It Becomes’ — Why Institutions Are Watching Bitcoin
The Benzinga Future of Digital Assets conference sparked discussions on Bitcoin’s growing acceptance in institutional finance, emphasizing its role in reshaping portfolio strategies. Moderated by CNBC’s MacKenzie Sigalos, the panel featured Anthony Pompliano, founder and CEO of Professional Capital Management, who explored how institutions overcome hurdles to embrace cryptocurrency.
Bitcoin ETFs: A New Entry Point
The approval of Bitcoin ETFs has been a turning point for institutional investors, simplifying access to digital assets. Pompliano explained how these financial products are attracting traditional players who were previously hesitant. “Institutions are already familiar with ETFs; they fit into existing systems without requiring a complete overhaul,” he said.
ETFs not only lower the barriers to entry, he added, they also spark further …