📉 Jefferies, a global investment bank, recommends that investors, especially pension funds, invest 10% of their portfolios in Bitcoin denominated in US dollars. The bank emphasizes the importance of viewing Bitcoin and gold investments as insurance measures rather than short-term trades.
- Bitcoin plays the role of an inflation hedge despite fears of a US recession.
- The court decision in favor of Grayscale Investments could be a starting point for potential Bitcoin ETFs.
- The market is awaiting SEC approval for the creation of a Bitcoin ETF, which could simplify investors' access to the cryptocurrency.
- Bitcoin plays the role of an inflation hedge despite fears of a US recession.
- The court decision in favor of Grayscale Investments could be a starting point for potential Bitcoin ETFs.
- The market is awaiting SEC approval for the creation of a Bitcoin ETF, which could simplify investors' access to the cryptocurrency.