Institutional Adoption of Bitcoin Exploding

Institutional Adoption of Bitcoin from Goldman Sachs and Ruffer, DeFi's Rise, and Ethereum's Growth as it Prepares for ETH 2.0

All things Bitcoin, Ethereum, DeFi, Blockchain, Web 3.0, and the future of money.
With daily analysis of the macro trends and technological innovation.
Published weekdays on Substack and Telegram to 191 subscribers

Chart of the Day

We are on track to soon pass $25 Billion locked in De-Fi tokens for the first time in human history, almost all running on top of Ethereum (ERC-20) tokens.

Daily News Summary

UK fund manager Ruffer: we are in the “foothills” of institutional adoption of bitcoin

Published by Ryan Weeks on The Block Crypto on January 18, 2021

Ruffer Investment Company, the British fund manager which recently revealed it had bet £550m on bitcoin, has published more details about the headline-grabbing move.

“We think we are relatively early to this, at the foothills of a long trend of institutional adoption and financialisation of bitcoin,” the company added.

The Guernsey-based Ruffer disclosed its bitcoin exposure in a regulatory filing on December 15. At the time, the company told The …