Institutional investors in the UK are poised to invest in crypto ETPs pending FCA approval. WisdomTree’s Dovile Silenskyte said actions will follow soon after. The focus is primarily on Bitcoin, with Ethereum being of lesser interest.
Silenskyte noted that large institutions are increasing their interest in Bitcoin for risk management in multi-asset portfolios. Most investors, lacking familiarity with individual cryptocurrencies, prefer diversified products over direct investments.
Leave a Reply