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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Crypto fund investors holding, 'volatility not unexpected'

More than US$1 trillion was wiped off crypto markets last weekend.

A Bitcoin fund’s founder says its “very low” redemptions despite recent price plunges which saw cryptocurrencies lose US$1 trillion in market value last weekend is evidence investors expect volatility with the asset.

Bitcoin, the world’s largest cryptocurrency, earlier this week dropped

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Hamish McNicol Wed, 26 Jan 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Crypto fund investors holding, 'volatility not unexpected'
Investment,
90292
true