The round numbers that show just how far bitcoin has come in 10 years
October 31, 2018 – MarketWatch
More than $7 billion in crypto investment
Although bitcoin began as a proposed solution to a financial-services industry problem — eliminating the so-called trusted third parties — its popularity soon made it one of the hottest asset classes on Wall Street. On the back of a 1,000% increase in 2017, droves of investors flocked to the nascent technology hoping to capture a piece of the bitcoin pie.
There are now more than 600 crypto-related funds with more than $7 billion in assets under management (AUM), according to Crypto Fund Research. More than 400 of these funds were launched in 2017 or later…