Bitcoin FOMO is gone, portfolio managers are taking BTC severely — 3iQ CEO
Because the hype round Bitcoin (BTC) has pale, institutional traders and portfolio managers have begun wanting on the main cryptocurrency as a "severe venue" to put money into, claims Fred Pye, CEO of 3iQ, Canada's first Bitcoin fund issuer.In an interview with Cointelegraph throughout the Bitcoin 2023, Pye spoke about Canada's superior regulation for crypto buying and selling, and the way it has been drawing traders to the digital property market. In line with Pye, fund managers and institutional traders operating diversified portfolio property are searching for various funding methods amid a world inflationary setting and macroeconomic challenges. "The FOMO in Bitcoin is gone. It is all moved over to AI [artificial intelligence]. So now the establishments and the right portfolio manag...