According to a report from South Africa, Bitcoin has little or no correlation with other asset classes, and it has had a far better risk-adjusted return - Sharpe ratio - compared to other asset classes. Put simply, despite Bitcoin’s volatility, investors have had better performance and been more than compensated, even after allowing for the price has rises and falls.
There has been increasing interest in Digital Assets, illustrated by the number of Bitcoins being traded on Over The Counter (OTC) markets, and volumes for digital exchanges have been growing.
The Chicago Mercantile Exchange (CME) recorded over $540 Million worth of Bitcoin trades on 4th April, an all-time high. This illustrates the institutional interest in Bitcoin, as CME is dominated by large fund managers and banks.
