Regulatory Actions Highlight Risks But Market Remains Bullish
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Key slides from this report…
Bad news is no news while good news takes Bitcoin higher (Slide 2)…
Interviews with key opinion leaders offer insights into what it means for markets (Slide 7)…
Key Opinion Leader Takes – Legal Insights: Carlton Fields (Slide 8)…
Key Opinion Leader Takes – Capital Market Insights: Genesis (Slide 10)…
Key Opinion Leader Takes – Active Manager Insights: Arca Funds (Slide 11)…
Key Opinion Leader Takes – Index Insights: Bitwise Asset Management (Slide 12)…
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CORE STRATEGY With lingering trade war talks and robust economic data dissuading a dovish Fed pivot, we think the potential for downside volatility remains elevated. While regulatory developments and institutional adoption continue to bolster the medium- to long-term outlook, no immediate “good news” seems likely. Nevertheless, we still expect crypto to outperform this year. Until we see flows return to crypto, raising cash/trimming altcoin positions appears prudent (BTC dominance higher)....
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