Bitcoin Still Taboo at JPMorgan, Goldman as Investors Pump in $14 Billion
April 24, 2019 – The Street
Despite last year’s plunge in prices for bitcoin, big investors are pumping money into hedge funds and venture-capital firms that specialize in the fledgling market for so-called cryptocurrencies.
In just the past 12 months, investments in cryptocurrency-related assets have nearly tripled to $14.4 billion, in more than 800 companies and funds, according to industry tracker Crypto Fund Research. Regulators in New York state describe the market as …