Bernstein is out with a comprehensive Bitcoin investing guide. Here is a summary By Investing.com
Bernstein’s research analysts released a detailed investing guide that pointed out the rise in institutional involvement in Bitcoin investing, along with the rising role of Bitcoin as a corporate treasury asset.
The report titled ‘From Coin to Computing: The Bitcoin Investing Guide’ also made predictions for the future trajectory of Bitcoin price as well as shed light on the rising market for Bitcoin ETFs. It also stressed the increasing convergence of Bitcoin with AI infrastructure.
Key insights
Institutional Surge in Bitcoin ETFs
According to Bernstein, global asset managers have increased their holdings of Bitcoin and ETFs to nearly $60 billion in 2024. In comparison, their holdings stood at just $12 billion in September…