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Wall Street Analyst: US Financial Institutions to Increase Bitcoin Allocation by End of Year
BlockBeats News, September 14th, according to Cointelegraph's report, Wall Street veteran and macro analyst Jordi Visser predicted that U.S. financial institutions will increase their Bitcoin allocation by the end of this year.
In an interview published on YouTube on Saturday, Visser told Anthony Pompliano: "From now until the end of the year, traditional financial institutions will increase their Bitcoin allocation for next year. I believe the percentage of Bitcoin in various investment portfolios will increase. This will definitely happen."
Visser predicted that traditional financial institutions will increase their Bitcoin allocation in the last quarter of this year to prepare for next year's investments, just as market participants debate whether Bitcoin's price in this cycle will peak this quarter.
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