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Virginia public pension funds seek Bitcoin exposure

SEPTEMBER 13, 2021 | by Editorial | INVESTING.COM

Includes “… The majority of the fund will be invested in blockchain firms, with only 15% going into cryptocurrencies themselves. … Back in December, JPMorgan predicted that pension funds could pull $600 billion into Bitcoin. … PORS is convinced that crypto markets are not showing the true value of cryptocurrencies. The fund’s Chief Investment Officer Katherine Molnar told Bloomberg: ‘It’s an area that’s going to grow in adoption and interest. We think that it’s inefficient enough, so we think there are some alpha opportunities to take advantage of.’ …”

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