US Institutional Investors Account for Up to 85% of BTC Transactions
According to a study conducted by Matrixport, US institutional investors show the greatest interest in Bitcoin as the share of companies and funds from the United States accounts for up to 85% with cryptocurrency.
According to analysts Markus Thielen, compared to institutions from other countries, US investors are most often testing the possibilities of BTC.
Second place is occupied by hedge funds and investment companies from the Asia-Pacific region.
The largest amounts of transactions with Bitcoin are observed during trading in the US and Asia. Investments in BTC have grown by 40% this year to date.
According to him, institutional investors first of all buy Bitcoin and only then start investing in other digital currencies.