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Money managers with zero crypto exposure risk being left behind — Bloomberg strategist -Breaking

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The career risk surrounding cryptocurrency is shifting to money managers who don’t have exposure to digital assets as opposed to those who are already invested, highlighting a dramatic shift in the institutional acceptance of (BTC) and decentralized finance, according to Bloomberg’s senior commodity strategist Mike McGlone.

The November edition of Bloomberg’s Crypto Outlook Description2021 is just another year of foundation for the crypto market. This further underscores the long-term benefits of digital assets. In this environment, money managers “risk falling behind and underperforming peers who own crypto assets,” wrote McGlone, adding:

Bitcoin prices remain well above $60,000. Source: Cointelegraph Markets Pro