‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst

‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst

Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been

Others suggest that institutional investors remain interested in crypto-related investments despite the market conditions.

Chief Investment Officer of Apollo Capital, Henrik Anderson, told Cointelegraph on Sept. 14 that although institutional interest has been slow in gaining momentum, there are many waiting on the sidelines, timing the market.

Anderson is optimistic about the future given that we’ve already “seen several of the major banks here in Australia taking an interest in digital assets,” with “ANZ and NAB” choosing to focus on “stablecoins and traditional asset tokenization rather than crypto investments specifically.”

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