4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Cryp...
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this law, new and existing domestic special funds (Spezialfonds) are permitted to invest up to 20% of their portfolios in crypto assets, like bitcoin. There are approximately 4,000 such special funds covered by this....
Related News
Bitcoin is becoming a recognized asset class with a low correlation to other asset classes. This makes it a good option for diversifying investment portfolios with retirement accounts, and some options do exist for investing in bitcoin for retirement. Diversifying Portfolios. Most investment advisors recommend having diversified retirement portfolios to....
There’s plenty of people out there fascinated by the stock market (and making some money) who prefer to invest their funds in diversified portfolios. Beats doing all the work and it involves way less risk, right? What if you wanted to dabble in crypto with the same strategy? Say hello to CopyPortfolios, which allow eToro users to allocate their funds into managed portfolios. CopyPortfolios do all of the legwork involved in crypto investing, but the […]
ARK Invest CEO Cathie Wood is no stranger to Bitcoin predictions given that the asset manager has previously said that BTC will go to $500,000 and even reach $1 million. As always, Wood remains steadfast in her Bitcoin predictions, coming out once more with an even more daring figure for the pioneer cryptocurrency. Cathie Wood Says Bitcoin To $1 Million Cathie Wood, who is the founder and CEO of ARK Invest, an investment firm with over $6 billion in assets under management (AUM) has come forward with a new price expectation for Bitcoin. The CEO had a chat with Natalie Brunell, hist of the....
According to Nasdaq, a new application has been released that allows people to invest Bitcoin into a portfolio of stocks. Users deposit the digital currency into the Keza platform to track investments that have three levels of risk. The Keza website explains its thesis: Keza users have the ability to choose between three types of accounts: conservative, moderate, and aggressive stocks which have more volatility. The company says it allows anyone to invest “without minimums” and enables diversified portfolios which are accessible with Bitcoin. The service says it uses a traditional strategy....
The trend of financial institutions incorporating cryptocurrencies into their portfolios has grown in recent years. Institutional investors and asset managers have begun to include cryptocurrency as pure digital assets. Despite their recent inception, this type of asset class has gained widespread market acceptance and rapid growth. Numerous institutional investors have begun to diversify their portfolios […]