Though the stock markets around the world are in a bull run, their returns pale in comparison to the cryptocurrencies. Hence, wealth managers will soon have to start investing a portion of their assets in digital currencies.
In that regard, a French asset management company TOBAM has announced the creation of a Bitcoin mutual fund, which will help its clients gain exposure to Bitcoins.
Even JPMorgan Chase, whose CEO Jamie Dimon has been critical of Bitcoin is likely to offer its clients access to Bitcoin futures.
While many investors like Mike Novogratz and Ronnie Moas continue to be bullish on Bitcoin, commodity guru Jim Rogers has warned of a bubble. Let’s study the charts to find out if we can spot a trade…