BCA Research: Bitcoin’s volatility is a feature asset allocators can use, not a bug
Bitcoin was compared to a fictional low-volatility asset called ‘boringcoin’
digital assets
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Wealth managers increase allocation to digital assets
60% of wealth managers surveyed estimate they will have more than 3% of assets invested in digital assets
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HMRC sends ‘nudge letter’ to crypto sellers
Capital gains tax may be outstanding
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Wealth managers increasingly convinced Bitcoin will top $100k
Wealth managers and institutional investors managing $1.7trn quizzed
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Regulation now makes crypto a viable asset class
Matteo Dante Perruccio, senior adviser at 3iQ, on crypto’s entry into the asset management industry