Summary
Family offices and endowment funds are expected to increase their investment in bitcoin ETFs in the near future, according to a report citing Teng. Teng mentioned at an event in Bangkok that the market rally for bitcoin won’t be a straight line and the ups and downs will be beneficial for the market.
Key Points
1. Family offices and endowment funds are expected to increase their investment in bitcoin ETFs in the near future.
2. The rally in the bitcoin market is predicted to have ups and downs, rather than being a straight line.
3. The fluctuations in the market are seen as beneficial for overall market health.