The rise of bitcoin to the capital markets is a palpable reality where investors have all their hopes and financial logic based on the acceptance of this asset as one of the biggest challenges to understand global finance, in this article we can visualize this reality .
That is why Acatis, an investment fund company for the management of wealth placed in banks, becomes one of the first players in the traditional financial sector, to add bitcoin to its portfolio. The German asset investor manages around 3.5 billion Euros to offer to its clients.
Hence, so far traditional financial markets have been reluctant to consider bitcoin as an investment, in this sense, with Acatis following the path to the cryptocurrency, this reluctance may fade slowly.
However, Acatis does not trade bitcoin directly, but into an ETN bitcoin. The investment company like Bitcoin Trackers is a good tool for connecting traditional financial markets with bitcoin, even if they are a little more expensive to introduce protection to the risks associated with intermediaries.
Therefore, this method eliminates the technical risks of bitcoin storage and allows investors to make their purchases/sales procedures in the usual platforms without having to take care of the application of a tool or take special conditions.
Hendrik Leber, Acatis founder, believes that Bitcoin Tracker XBT is the best choice in the absence of ETF. Therefore he says that investment companies can not buy bitcoin directly since they are not on the list of assets that they are allowed to use. What is certain is that there are limited options available for investment companies to allocate resources to the cryptocurrency.
What is no doubt, is that Acatis has become the first traditional investment company to acquire securities linked to bitcoin, a field known to be dominated by young investors in risk capital, some of them have a history in this new economy of cryptocurrencies.
There is certainty glimpsed and is that bitcoin has graduated as an investment object with very specific characteristics. This has and is attributed an exceptionally good risk/return ratio, it has a remarkable feature and is the independence of the fluctuations of other asset classes.
In this regard, Hendrik Leber, Acatis founder, believes that it is possible to be used by other institutional investors, such as retirement funds, insurance companies and banks that can follow suit, but this will take some time.
Therefore, Hendrik says that he has discussed with some customers of banks and other companies such as insurance and all of them find Bitcoin interesting. Some of his colleagues, like him, own bitcoin privately but to integrate them into the funds they manage professionally, it takes a lot of time, there must be a little more time for financial education for investors who must know their attributes for them to obtain security in their investment. New announcementts are expected.
Disclaimer: This press release is for informational purposes only. Information does not constitute an investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent infocoin views and should not be attributed to Infocoin.