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Abrdn, Amundi, Aviva Investors: FTX collapse a ‘major setback’ for crypto uptake
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fnlondon.comHeavyweight fund groups including Abrdn and Aviva Investors said other big name investors that have steered clear of cryptocurrencies will be extra cautious of entering the market following FTX's collapse.
Asset managers have previously voiced concern over cryptocurrencies such as bitcoin, claiming a lack of regulatory oversight, extreme volatility and uncertain diversification benefits make them a questionable fit for portfolios.
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Read more on fnlondon.comAbout this in other media
ECB president reiterates calls for 'MiCA II' in response to FTX collapse cointelegraph.com /1 year ago
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles cointelegraph.com /1 year ago
Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse cointelegraph.com /1 year ago
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