"I'm very bearish on bitcoin, I think it's one of the silliest ideas I've heard in a long time," he said. "To be separated from the brilliance of the block chain, [makes even] tulips in [17th] century Holland look almost like a quiet, well-demeanored market," Gartman said, using a frequently invoked analogy of the boom in tulip prices that sent the Dutch into a frenzy nearly 400 years ago.
Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market
Bobby Cho has stated that a growing number of high net-worth individuals and institutional investors are accumulating Bitcoin (BTC) through the OTC market.
No More Waiting for Bitcoin ETF as Institutional Start Buying Cryptocurrencies in OTC Markets
While the world was expecting the Bitcoin ETF to be a doorway for institutional money to come into the cryptos it seems like institutional have found their way despite the uncertain that looms of the BTC ETF. Well a recent OTC Trade Data Shows Institutional Investors Now Dominate Bitcoin Markets with High Volume Trades
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