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Are Institutional Investors Still Interested In Cryptocurrencies: 2019 Report

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Over the course of the year, institutional investment has increased at a fast pace following the rapid development in the industry and exponential growth in Bitcoin over the last 12 months. CEO of digital asset manager Vision Hill Group, Scott Army, released the ten most important things that institutional investors should be looking for come 2020. How big can the blockchain and cryptocurrency market grow?



Here are some key concepts derived from the report, “An Institutional Take on the 2019/2020 Digital Asset Market.”



Bitcoin remains the supreme cryptocurrency



During the bear run in 2018, During the 2018 Bear run, BTC price dropped far less than the 90%+ of the top altcoins and has shown no signs of slowing in its dominance as 2019 saw the coin shoot up over 100% as altcoins remained relatively flat. The dominance by Bitcoin shows a clear disparity in the market – There’s bitcoin, and then there’s everything else.



Furthermore, the coin acts as the market beta, at least for now, given its huge market dominance – currently at 68.4%, as at the time of writing. The op-ed reads,



“BITCOIN’S SIZE AND ITS INSTITUTIONALIZATION HAS ENABLED IT TO BE AN ATTRACTIVE FIRST STEP FOR ALLOCATORS LOOKING TO GET EXPOSURE (BOTH LONG AND SHORT) TO THE DIGITAL ASSET MARKET, SUGGESTING THAT BITCOIN IS PERHAPS POSITIONED TO BE DIGITAL ASSET MARKET BETA, FOR NOW.”
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