The year-end letter to investors of RockDen Digital Assets LP, a private fund that we manage, articulated the favorable outlook for digital assets. We are publishing excerpts of that letter to educate our reader on the crypto asset class, including the largest assets bitcoin and ethereum. Please view the excerpts (in PDF format) This report […]
institutional bitcoin adoption
52% of Institutional Investors Own Crypto
52% of institutional investors own crypto assets, according to Fidelity’s 2021 Digital Asset Study, a robust survey of 1,100 global institutions. 71% of Asian institutions in the sample have already allocated to crypto, 56% in Europe and only 33% in the US. The Dispatch is not surprised that US institutions’ adoption trails offshore peers because […]
Fidelity Bitcoin pricing model
Dispatch #12 -2021 April 23rd, 2021 The leading story this week is the Bitcoin pricing model published by Fidelity’s Jurrien Timmer. This study incorporates the exponential demand curve with the already well understood exponential supply decline. He uses the mobile phone adoption curve to model how the Bitcoin price may evolve over the long term. […]