Ric Edelman, the legendary Wall Street investor, adviser and best-selling author, has invested in Bitwise Asset Management, the creator of the world’s first cryptocurrency index fund. Edelman is also serving as an advisor to the company.
In an interview for CNBC’s ‘Fast Money’, the investor said the implications of cryptocurrency are far-reaching. Edelman also said financial advisors must educate themselves about crypto and blockchain.
“I’m bullish on it because Bitcoin is now ten years old. It’s a $200 billion market in crypto total, Bitcoin is about 40% of that,” said Edelman for CNBC. “Clearly, it’s here to ...
This article appeared first on Cryptovest