It’s not ‘too late in the game’ to get into crypto
According to Cosmo Jiang, a general partner at Pantera Capital, it is not too late for investors to get into cryptocurrency, despite Bitcoin recently reaching an all-time high of over $126,000. Jiang highlighted that a significant portion of investors, more than 60%, still possess no exposure to digital assets, indicating ample opportunity for new investments. He pointed to a report showing that only 21% of the population owns some form of cryptocurrency, with the UAE having the highest adoption rate at just 25.3%. Jiang emphasized that as Bitcoin has become more popular, the focus may now shift to altcoins, which are set to gain traction as regulatory frameworks are developed. While some investors may feel deterred by Bitcoin's rising price, there remains a solid demand for Bitcoin and other digital assets, with substantial inflows into Bitcoin exchange-traded funds (ETFs) occurring in light of this trend. Jiang believes 2025 will be pivotal for crypto, as traditional investors increasingly embrace digital assets.
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