Researchers from the team Messari believe that if institutional investors are at least 1% of their capital invested in bitcoin, then the price of bitcoin has reached $50 000.
In the report, analysts said that to achieve such a record rate in BTC needs to invest all the major financial institutions, including investment companies and pension funds, are accumulating large sums of capital.
In cryptosphere in this case, the expected arrival of hundreds of billions of dollars. The biggest investment in bitcoin can make mutual and pension funds ($401,7 billion and $480 billion, respectively).
Ryan Watkins, representing the team Messari, said that the influx of institutional money into the largest cryptocurrency will increase its capitalization to $1 trillion. This is why many proponents of BTC periodically turn to the large capital with a call to invest more in cryptocurrency.
The inclusion of bitcoin in 1% of the portfolio is much if such a step running all institutionaly, said Watkins.
He also added that large financial institutions invest in assets of various funds of its clients. Institutionally are accountable to clients and undertake to invest only in profitable instruments.
The lack of regulation of the cryptocurrency industry is troubling many investors. That’s why they still have not invested in BTC and expect the legalization of this market segment.
In addition, companies are afraid of sharp volatility of the stock market, which also prevents their more active penetration of digital assets, concluded Watkins.