Although Bitcoin is performing remarkably well, it is not all praise in the market world.
Take Will Hobbs chief investment officer at Barclays Wealth & Investments as an example. He is clearly not convinced that Bitcoin is all that its proponents claim.
Speaking to Markets Insider, Hobbs said that his company's investment strategy doesn't involve taking any positions in Bitcoin for the time being. He asserts that its extreme volatility and poor fundamentals make it unattractive for his firm's portfolio.
"It is multiples more volatile than our most white-knuckle-ride asset class, which is emerging market equities,"
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