When regulated institutions like this are investing money in cryptocurrency I do wonder what’s their main plan, and they are aware of the fact Bitcoin is volatile, so what plans do they have in a situation whereby the market starts falling? They are going to be losing of course, so what are they going to do about it, steady hold their investment stored in crypto no matter what?
Or are they going to be the type that are trying to just benefit only when the market starts experiencing huge growth? For sure that’s the main target of everything.
I think they made it that way for long-term investors only. As you see only "rich" people or those who can afford have been accepted. They must have foreseen for bitcoin price to keep on growing. Assigning people to trade their invested funds would be a bit risky for being stolen or getting negative profit. Hope they will open it for the entire world or that other banks would imitate them. That will definitely bring more people into crypto.