MassMutual’s Example Might Attract Fresh Billions To Bitcoin – JPMorgan

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MassMutual’s Example Might Attract Fresh Billions To Bitcoin – JPMorgan

If pension funds and insurance companies in the US, euro area, UK and Japan allocate 1% of assets to the most popular cryptocurrency, bitcoin (BTC), that would result in additional BTC demand of USD 600bn, strategists at JPMorgan said.
However, these investors face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put  Read more »
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