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Many investors are now getting exposure to bitcoin whether they like it or not
Many more investors are now gaining exposure to bitcoin - whether they want that cryptocurrency or not. New research from JPMorgan finds as much as $50 billion is invested in MicroStrategy (MSTR), an IT company-turned-bitcoin (BTCUSD) holder, in an indirect way. JPMorgan's team, headed by Nikolaos Panigirtzoglou, calculates that at least $14 billion in shares is owned by mutual funds or exchange-traded funds that are simply benchmarked to an index including MicroStrategy. This figure may not be comprehensive, JPMorgan adds, because it fails to include funds, whether passive or active, that own MicroStrategy despite ... (full story)
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