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[exstasie]

Bad news for all the Bitcoin maximalists still hoping Ethereum will one day die. It's already completely entrenched among exchange traders, not to mention DEXs. Now, institutions as well. It's going to perform wonderfully in the next bull run.

Yep, I bet it will, especially if you're able to stake it (I haven't been following it and don't know if ETH has moved to PoS yet).  All in all, this is a pretty bullish report.

I hate that you need a minimum of 32 ETH to stake.

Mixed feelings here, since it produces a predictably bullish market effect: the more ETH required to stake, the more market accumulation it encourages. At least if you can't stake, you can trade on that information.

Any word on stake pooling? Since Ethereum is so big, I have to think there are lots of people interested in pooling coins to collectively reach the staking minimum. I know with DASH masternodes, some services and/or contracts emerged to meet this demand. I'm sure this could be done without third party custody in Ethereum too.

[tbterryboy]

Their interest keeps growing. When I checked the survey pictures you posted, the first one made me laugh because I noticed that there were up to 31 percent that said their company invested in Bitcoin in 2018, and that’s at the time after the bull run.

So the bull run that happened in 2017 really broke records and drew the world’s attention to Bitcoin, and that’s why there are many of them that invested in 2018, maybe they thought the boom will continue, but unfortunately for them it didn’t. The percentage goes low for 2019 and 2020, they just stayed back to watch and see how really things are moving. But this year has seen a lot of big institutions come to invest in Bitcoin.

[barbara44]

It is not just about European ones, it is all over the world, USA has a lot of them with over a billion dollars invested just in the recent 8 months so we can say that the whole world is looking at crypto differently in 2020.

What this pandemic managed to provide to the huge companies that crypto is above them, in the sense that anything could happen to a company but crypto doesn't belong to one country or one company or one person, it is decentralized and it will not be affected by anything major the way other things gets affected, sure it will be impacted a bit but not huge like other places.

This is why I would say they are going into bitcoin and crypto, from USA, from Europe, from Asia and everywhere else people are getting into crypto for a "store of value" perspective to keep their wealth.

[AmoreJaz]

It is not just about European ones, it is all over the world, USA has a lot of them with over a billion dollars invested just in the recent 8 months so we can say that the whole world is looking at crypto differently in 2020.

What this pandemic managed to provide to the huge companies that crypto is above them, in the sense that anything could happen to a company but crypto doesn't belong to one country or one company or one person, it is decentralized and it will not be affected by anything major the way other things gets affected, sure it will be impacted a bit but not huge like other places.

This is why I would say they are going into bitcoin and crypto, from USA, from Europe, from Asia and everywhere else people are getting into crypto for a "store of value" perspective to keep their wealth.

indeed! this pandemic brought some positive impact to how it is perceived by big companies across the globe. they realised its importance and benefits during this kind of crisis. look at how PayPal changed their stance towards crypto, where they froze accounts few years back, those that were dealing with crypto.
they are now seeing the potential of crypto not only bitcoin in the payment system. though a lot of them have the main goal of using their accumulated crypto as reserved assets but we are seeing that companies are now trusting crypto more than ever. this will give positive perception among noncrypto users and that crypto is not only used for illegal or terrorist activities, where they are acquainted with

[el kaka22]

Asians are the ones that I am most interested with, from Japan to China it is very very famous and crypto investments are getting bigger and bigger, but there are also tens of other nations that started to get heavily involved. India for example had a lot more problems about the legality of it and looks to be a bit better these days, places like Thailand and South Korea and many more that are in middle level are growing bigger and bigger as well.

So, I would say since there is a huge economy right there we could assume Asian institutional investors are very interested in crypto as well. I know per person amount could be lower in those nations but when you combine such a huge population into investing, even small amounts combine into becoming huge numbers.

[Poker Player]

I find it almost unbelievable that a pension fund would invest in bitcoin or any cryptocurrency, given how risky they are--unless it's a stablecoin, but holding one of those isn't going to make money for anyone.

If I recall it correctly the Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets, including 1.4% of all global stocks and shares. It is considered the world's largest sovereign wealth fund and according to Arcane Research’s report on Sept. 19, the fund also owns almost 600 Bitcoin (BTC) through its investment holdings.
https://cointelegraph.com/news/worlds-largest-sovereign-wealth-fund-indirectly-holds-almost-600-bitcoin

When I read what The Pharmacist said I was thinking about that. Normally pension funds are conservative, because investors are in a diverse age range, and the fund cannot afford to have the net asset value fall by 50% overnight if it has 30% of its investors at near retirement age.

A pension fund whose participants were all under 40 could afford such moves, but there are no such funds.

So I think that if pension funds invest in Bitcoin, like the Norwegian fund, it's for pure diversification, having only a small share.

[Mauser]

It is not just about European ones, it is all over the world, USA has a lot of them with over a billion dollars invested just in the recent 8 months so we can say that the whole world is looking at crypto differently in 2020.

What this pandemic managed to provide to the huge companies that crypto is above them, in the sense that anything could happen to a company but crypto doesn't belong to one country or one company or one person, it is decentralized and it will not be affected by anything major the way other things gets affected, sure it will be impacted a bit but not huge like other places.

This is why I would say they are going into bitcoin and crypto, from USA, from Europe, from Asia and everywhere else people are getting into crypto for a "store of value" perspective to keep their wealth.

This is great news. The more investors we can get the better for bitcoins. The rising numbers of investors, in particular institutional investors, means that there is a lot of more demand for bitcoins. The long term price trend for bitcoins can only be upwards. The only problem is that institutional investors have so much more money to invest that the average investors. We need to make sure that we are not forgotten.