Bitcoin the third 'most crowded trade' in global fund manager survey

Bitcoin the third 'most crowded trade' in global fund manager survey

Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients. A new survey of global fund managers reveals that Bitcoin has climbed in the rankings of “most crowded trade” beating out traditional investments like gold and bonds. Bitcoin was third on the overall list of options for the category, named as the busiest trade by 15% of survey respondents. Only tech stocks (52%) and short dollar positions (18%) ranked higher.BofA Fund Manager Survey of the most crowded trades ht @jsblokland....


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