If you think about it as the guard at the gate that doesn't let all the institutional money come in, the fact that there is no ETF, because the ETF is a product that every institution can use, he said.
Mashinsky identified the Bitcoin ETF as the key bullish factor in the year 2021, while he referenced El Salvador and Ukraine's Bitcoin legislation. We need to figure out how we bring women into the class, and on the side of institutional adoption how can we convince sovereign wealth funds, institutional funds, retirement funds to allocate into this class. Mashinsky stated that the space is still dominated by men, and that we still have issues. He added that companies like Robinhood and Revolut and Paypal and Venmo have huge amounts of customers and they add criptocurrency which creates mass adoption, and that is why he says that different types of investors all play their part. As a result of institutional money and VC investments, a lot of institutional money is realizing Gosh, it is actually happening this year, as he interpreted institutions and corporates coming into the criptocurrency as a huge breakthrough. We are running faster than expected on the adoption. Here are some of the most memorable quotes from the interview, in which Alex Fazel and Mashnsky covered the most impactful events of 2021, the year in which the dam broke. The founder of eight startups and three Unicorns, who raised more than 1.5 billion dollars with over $3 billion in exits, explains why everyone should rebalance their book at least once a quarter.
In this week s Cryptonites interview, co-founder, chairman and CEO of Celsius Network, Alex Mashinsky, shared his Bitcoin price prediction, and explained why the hodl and rebalance approach is the best way to play the volatile market.
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