Investors are generally optimistic in the mid-term

Invester / ShortCryptoNews
Bitcoin

Investors are generally optimistic in the mid-term trend of BTC and the cryptocurrency market. But, as Blocktower’s Ari Paul noted, institutional investors are expected to take at least three to six months enter the cryptocurrency market with tens of billions of dollars in capital and until then, it remains uncertain whether the market can initiate a bull run back to the $800 billion region. Custody isn’t binary. It’s not like Coinbase custody will launch and suddenly every pension will throw $100m into BTC. It takes time for custody solutions to gain trustworthiness. But…I think we’ll have solid third-party custody by September of this year.

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