Genesis Global Trading’s Noelle Acheson believes institutional growth in the crypto space will accelerate in 2022.
Noelle Acheson, head of market insights at Genesis Global Trading, was a guest on CNBC’s Squawk Box. Acheson shared his predictions for possible institutional investments in the crypto space in 2022.
2022 Prospects
Acheson shared his views on his expectations from 2022 and which areas should be watched closely. Areas to watch include Bitcoin ETFs, institutional adoption of Bitcoin, and regulatory frameworks.
The executive also talked about the institutional adoption we might see in Bitcoin next year. Saying that corporate growth continues in 2021, Acheson believes that this will accelerate in 2022. According to Acheson, financial institutions said they are showing an appetite for diversifying their crypto portfolios and for other crypto assets besides Bitcoin. At this point, he added that Grayscale is investing in altcoin funds such as Solana and Terra.
https://twitter. com/SquawkCNBC/status/1475805709765857281