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The Daily Hodl 2022-08-26 07:04:01

$1,000,000,000 Crypto Fund Moving Into Bitcoin and Two Ethereum Rivals as One Major Risk Emerges, Says CIO

The chief investment officer of Valkyrie Investments says that the crypto asset manager is turning to flight-to-safety assets such as Bitcoin (BTC) as The Merge approaches. In a new interview with Bloomberg Technology, Valkyrie CIO Steve McClurg says that as Ethereum (ETH) prepares to transition to a proof-of-stake consensus mechanism in September, the crypto asset […]The post $1,000,000,000 Crypto Fund Moving Into Bitcoin and Two Ethereum Rivals as One Major Risk Emerges, Says CIO appeared first on The Daily Hodl.

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