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[aryan4]

Hedge fund manager Bill Miller's Miller Value Funds reported that she could invest in Grayscale Bitcoin Trust through its flagship fund Miller Opportunity Trust.
The following statements were used in the document submitted to the SEC:
---- "The fund may want to invest in Bitcoin indirectly by investing in Grayscale Bitcoin Trust. Grayscale Bitcoin Trust mainly invests in Bitcoin. As a result of the investment, if the fund's Bitcoin position is more than 15 percent of its assets during the investment, no additional investment will be made to the Grayscale Bitcoin Trust. "----
What do you think about the big funds' interest in Bitcoin?

 

[yolaqueen]

That decision to invest in bitcoin by this investment fund is of great importance for the cryptocurrency, that shows the confidence in BTC by companies despite the recession stage it is in.

 

[Josemendez]

Which institution do you think will be the one?

No one can tell for now because the institutional investors are still buying bitcoin as days goes by . Presently Tesla and microstrategy tops the list.

 

[aryan4]

It is a good move and it is the right direction,however one should be careful as the Bitcoin market is very volatile.The prices of Bitcoin keeps fluctuating but the bottom line is it good to invest

I think we now see live how volatile the market can be. Maybe there will be those who are worried about such big fluctuations, but some investors will see it as a buying opportunity.

 

[Josemendez]

I hadn't heard of microstrategy, would you mind elaborating on that?

Microstrategy CEO ,Micheal saylor has invested a total of $1 billion in bitcoin from 2020 to 2021. He is among the top Institutional investors

 

[Josemendez]

A flurry of crypto investment funds were announced, as NYDIG predicts it will see $25 billion in bitcoin under management by year's end.

Wow , is that an awesome profit , especially considering the fact that it is a profit made from a passive source of earning. This is why cryptocurrency is something one should not joke with