Interesting insights from Bradley Duke on the changing attitudes towards investing into cryptocurrency. In the last 6 months cypto's leading asset Bitcoin has risen from approx. $10,000 per coin to peaking at over $40,000 this month.
With more products continually being launched, The Swiss exchange now lists 34 crypto exchange traded products from six issuers.
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Evolving Landscape of Cryptocurrency
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Bradley Duke, co-founder and chief executive of ETC Group, the issuer of BTCE, said he thought institutional investors were starting to buy the cryptocurrency as a “safe haven”. “Bitcoin has always had a retail groundswell, people who have an interest in technology, and it was seen as a ‘wild west’ investment. That has really changed in the last six months,”
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