Post
Topic
Board Economics
Re: We're just getting started," says Grayscale 's Michael Sonnenshein
by
exstasie
on 02/12/2020, 08:38:42 UTC
Quote
If our inflows at Grayscale are any indication of the types of investors that are interested in this asset class or the sizes of allocations being made, we're just getting started,"

The "IF" word is always a bit suspect. It doesn't lend confidence to the future and every investment advisor knows that past performance isn't indicative off future results.

As speculators, what else do we have to go off? Trends are all we have. The trend is your friend, as they say.

If there is more and more institutional interest in BTC via Grayscale, would you expect institutional interest to decline all of a sudden? It's possible, but why would you expect that?

A better indicator of increased interest is the number of searches for bitcoin in the past 6 months - has it increased?

Why is it better? And isn't that just another trend that can reverse, just like GBTC inflows?