BitMEX’s CEO Believes Paul Tudor’s Move Will Bring More Investors
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BitMEX’s CEO Believes Paul Tudor’s Move Will Bring More Investors

May 9, 2020      Vandana Malik

Paul Tudor Jones, who is a huge Hedge Fund investor, has recently revealed that he is moving towards holding Bitcoin. This announcement has caused huge excitement among various investors and leaders of the crypto market. BitMEX’s CEO, Arthur Hayes,  has also made his comments regarding this move by Paul Tudor. He said that this move to get involved with Bitcoin is going to create huge excitement among people and will encourage various investors to invest in Bitcoin.

According to the tweet of BitMEX’s CEO, he is expecting that through this move by Jones, he is expecting that huge beta fund managers will be moving towards Bitcoin. He has simply removed the career risk from the mind of the investors to invest their money in Bitcoin.

Other crypto traders along with BitMEX’s CEO believes the same

It is not only BitMEX’s CEO who is expecting a huge amount of investors towards Bitcoin. One of the huge crypto traders, Brian Kelly has also explained about the huge impact that Jones move will have towards Bitcoin adoption.

Karen Finerman, CEO of Metropolitan Capital Advisors also thinks the same. He believes that huge hedge funds investors will be moving towards Bitcoin after this move by Jones. It will increase the confidence of investors to invest in Bitcoin and will also feel safe to invest in Bitcoin.

Bitcoin reminds of a crucial role played by gold

As people are predicting the effects of this major step by Jones, Jones has said that Bitcoin is playing a huge role in the economic crisis which was earlier played by gold. Kelly has also said that Bitcoin and gold are the assets which are going to play a huge role in the current economic crisis going on across the world. However, Bitcoin is expected to play a huge role than gold as Bitcoin works digitally and people are adopting it as a payment mode.

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#Arthur Hayes #BitMEX’s CEO #Hedge fund managers moving towards Bitcoin #Increase the confidence of investors #Karen Finerman #Paul Tudor Jones
Vandana Malik
Vandana Malik

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.