Global pension funds are once again interested in cryptocurrencies - FT

According to hvylya.net: Pension funds from various countries are gradually investing in Bitcoin. The most conservative areas of finance can no longer ignore such assets.

It is especially noteworthy that the newly elected US president Donald Trump proposed his own cryptocurrency, which quickly appreciated.

Among the largest holders of US stock markets focused on cryptocurrencies are the pension programs of the states of Wisconsin and Michigan. Some pension funds from the UK and Australia have also recently made small investments in Bitcoin through funds or derivatives.

Cryptocurrency experts predict that the price of Bitcoin will double by the end of this year, as the prematurely elected US president Donald Trump is favorable towards cryptocurrencies.

Matt Scott, a consultant for Mercer, which advises pension funds in the UK, notes: 'After the elections, we had many inquiries - fund managers do not want to miss out on a hot asset in the market that they know nothing about.'