There is much talk of 2019 being the year that institutional money comes. And with the recent update by Fidelity on its Bitcoin custodial service, there is renewed hope for an end to the bear market. However, by welcoming this news, does that mean we have collectively abandoned our principles?
While the goal of institutional investing is to make money on behalf of members, this cannot be at the expense of diligence. Concerns over excessive volatility, uncertain regulatory framework, and technical barriers present something of a problem. But despite this, further developments in this space suggest that institutions are coming.