RE: Crypto hedge fund creation has exploded in the last couple months, but it's only the beginning

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Crypto hedge fund creation has exploded in the last couple months, but it's only the beginning

in cryptocurrency •  7 years ago 

Good informative post on the macro level. I'm a financial industry exec and new here on Steem and to crypto (got in over the course of the last month). What's interesting is that I see alot of colleagues (bankers, financial planners, investors etc) and friends at other firms getting in, but all at small increments (to them). I'd say $5K on average, usually half into Bitcoin, some Ethereum, and if they've done research some into one or two other altcoins in case they catch a flyer on an upshot. I see 100-200 people alone getting in by year's end and if you do the math that's a quarter million in added capitalization just from South Florida where I live. I can see a big upswing for the rest of 2018. Will be watching...

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That’s dope