Institutional Investors have not arrived. ICE / NYSE have teamed up with Microsoft to provide crypto custody solutions with the goal of getting bitcoin to be a small piece of everyone's 401K. The meme is "the herd is coming" according to Galaxy Digital Holdings Ltd. Founder Mike Novogratz (TSXV:GLXY)
Search: ICE/NYSE Forbes Longform Bitcoin August 3, 2018
Note
"Goldman Sachs Is Considering a Custody Offering for Crypto Funds" - Bloomberg (August 6, 2018)
Competition in Offerings for Institutional Crypto Custody. Although we could go lower, this is the kind of news that can catalyze a major trend reversal.
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