Hi Steemians,
Big money suppose to enter in to crypto so just tight your seat belt for roller coaster ride.
Dennis Dijkstra, Co-Chief Executive Officer (Flow Traders NV, an Amsterdam-based speed trader) said as,
“People underestimate crypto. It’s big, and it is to be regulated very soon. The market participants are much more professional than people think. Institutional investors are interested — we know they are because we get requests.”
For more info please visit below URL:
http://www.coindaily.co/europes-largest-etfs-trader-moving-into-crypto/
Institutional money will go a long way towards stabilizing coin prices and promoting regulation in the entire industry. I know that lots of people turned to crpyto for the very reason of escaping intense regulatory requirements and bureaucracy, but as long as scammers and other assholes take innocent people for a ride there is a need for regulation.
I'm looking forward to some cypto ETFs!!
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Totally agreed!! We will definitely need strict regulations for Crypto with ETF's.
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I just hope the money enters the market asap! Anyways thanks @rajrajput for this news!c
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Your welcome Raj!!
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You got a 14.14% upvote from @brupvoter courtesy of @rajrajput!
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This post has received a 1.69 % upvote from @booster thanks to: @rajrajput.
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This post has received a 5.59 % upvote from @boomerang.
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