A guide to the crypto markets for relationship managers
The crypto market has seen heightened interest and activity this year. At the end of February 2024, Bitcoin ETFs saw a one-day net inflow of over USD 673 million. The surge, in turn, pushed Bitcoin prices to an all-time high.
After a prolonged period of downturn, these recent developments are signalling a promising shift towards renewed vitality and investor interest.
With a possible new market cycle coming, there is a sense of cautious optimism among investors. With investors now contemplating their next moves, the question on many minds is whether now is the opportune time to enter the market.
This guide goes through the key drivers happening in the crypto market today, including:
• Bitcoin halving 2024
• Institutions are driving the market
• Bitcoin spot ETFs boost money flow
• Increase in long-term holders
• Crypto market echoes familiar pattern
This report is available to qualified investors. Please find further digital asset insights and news from our team here.
Disclaimer
This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice
