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Goldman: Institutional money in Bitcoin a “tiny fraction” of entire market

By DAC000 , in Bitcoin goldman sachs , at January 12, 2021 Tags: ,

interesting video clip with Goldman’s Head of Commodity Research where he not only suggests the institutional presence in Bitcoin is still very small, but quantifies this as roughly 1% of the total market cap. About a one minute read and a two minute video.

Comment: pretty interesting to see someone finally quantify the presence of institutional money in the bitcoin market. Curious how he arrived at this conclusion, but Goldman likely wouldn’t talk.