$1,000,000,000 Crypto Fund Moving Into Bitcoin and Two Ethereum Rivals as One Major Risk Emerges, Says CIO

$1,000,000,000 Crypto Fund Moving Into Bitcoin and Two Ethereum Rivals as One Major Risk Emerges, Says CIO


The Daily Hodl
2022-08-26 07:04:01

The chief investment officer of Valkyrie Investments says that the crypto asset manager is turning to flight-to-safety assets such as Bitcoin (BTC) as The Merge approaches. In a new interview with Bloomberg Technology, Valkyrie CIO Steve McClurg says that as Ethereum (ETH) prepares to transition to a proof-of-stake consensus mechanism in September, the crypto asset […]The post $1,000,000,000 Crypto Fund Moving Into Bitcoin and Two Ethereum Rivals as One Major Risk Emerges, Says CIO appeared first on The Daily Hodl.