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Revealing the Three Major Conditions for the World's Largest Hedge Fund to Invest in Bitcoin
The investment research director of the world's largest hedging fund company recently elaborated on the three key conditions required for the company to invest in Bitcoin.
The primary condition is that the volatility of Bitcoin needs to be significantly reduced. Currently, the volatility of Bitcoin is about ten times that of the US dollar and even twice that of the Venezuelan bolívar. The director emphasized that to become a diversified investment tool, Bitcoin must first improve its stability.
Secondly, the Bitcoin market needs to have higher liquidity. The last condition is a clear regulatory framework. The director stated that as the regulatory ecosystem surrounding Bitcoin and other digital currencies improves, it will attract more types of investors to participate. This will not only enhance market liquidity but also help reduce volatility. She particularly emphasized that the clarity of regulation is the primary concern, but it is currently unclear when the United States will establish a clear regulatory system.
The director also expressed her views on the nature of Bitcoin. She believes that Bitcoin cannot yet be considered a currency, but over time, it may evolve into a digital gold.
It is worth noting that this hedge fund company manages over $150 billion in assets, and its founder publicly praised Bitcoin last month as "an amazing invention" and stated that it "cannot escape our scrutiny." These remarks reflect the growing attention and recognition of digital currencies by traditional financial institutions.