According to Fred Pye, CEO of 3iQ, institutional investors and portfolio managers are now considering Bitcoin as a serious investment opportunity. Pye attributes this shift to Canada's advanced regulation for crypto trading, which has drawn investors to the digital assets market.
He notes that fund managers and institutional investors are seeking alternative investment strategies in the face of global inflationary pressures and macroeconomic challenges. Pye also emphasizes that the focus for the future will be on crypto use cases, and that Canada's regulatory environment has been favorable for the launch of crypto ETFs.
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