The charm of Bitcoin investments has recently been noticed by Pension Funds and Insurance Firms as an asset for investments in order to get better returns in the future. Life and annuity firms are actively increasing the committing segment of their asset base to Bitcoin acknowledging the fact that it has given its investors huge returns.
Life and Annuity Firms Looking Forward to Bitcoin Investments
There is no denying the fact that the oldest cryptocurrency has by far provided its investors with commendable returns dissimilar to any other asset in the market. Over the past decade, Bitcoin investments have proven to be the best investment due to the high surge in its prices.
Well, slowly and steadily, financial institutions are starting to adopt the potential that BTC carries and shoveling their way to the BTC market for making Bitcoin Investments.
During the fall of the oldest cryptocurrency in the year 2018, the development efforts of BTC from numerous stakeholders seemed to target the improvisations on the regulatory stance of the coin.
These efforts witnessed the emergence of institutional-grade regulatory platforms among other necessities for greater participation by regulated bodies.
In accordance with the latest revelations, the publicly listed companies have started to make bitcoin additions to their balance sheets.
Pension Funds and Insurance Firms Investing in BTC
With pension funds and insurance companies being the latest addition to the list of public corporations investing in BTC, the focus is now shifting. It is now shifting to the doubt whether the governments themselves will start investing in BTC or not.
Meanwhile, this year has till now been reserved for the bulls for the oldest cryptocurrency by market capitalization with its March closeout representing the best quarter 1 performance in the last eight years.
Looks like the Bitcoin resemblance to digital gold is eventually leading it to the path of worldwide adaptation of the oldest cryptocurrency both as a payment method and an investment option.