Share this article
JPMorgan Discusses $600B in Potential New Bitcoin Demand
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts.
Updated Sep 14, 2021, 10:42 a.m. Published Dec 14, 2020, 8:00 p.m.
Make us preferred on Google
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
This episode is sponsored by Crypto.com and Nexo.io.
Today on the Brief:
- First COVID-19 vaccines roll out in the U.S.
- Are IPOs the new ICOs?
- U.S. Treasury and other federal departments hacked
Our main discussion: A massive new category of bitcoin demand?
Last week, when MassMutual announced its $100 million buy, NLW explored whether it would be the beginning of a trend for other insurance companies. A recent note from JPMorgan analysts suggests that even a 1% allocation by that category of company in major markets in the U.S., Europe and Japan could represent $600 billion of new demand.
NLW also discusses recent comments from long-term institutional bitcoin and crypto bulls including Chamath Palihapitiya and Abigail Johnson.
See also: MassMutual’s Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Mais para você
Accelerating Convergence Between Traditional and On-Chain Finance in 2026?
Commissioned bySociete Generale-FORGE
Mais para você
Coinbase misses Q4 estimates as transaction revenue falls below $1 billion
"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.
O que saber:
- Crypto exchange Coinbase reported a fourth quarter earnings miss.
- Transaction revenue of $982.7 million was down from $1.046 billion the previous quarter and $1.556 billion in the fourth quarter one year ago.
- In the first quarter of 2026 through Feb. 10, the company has seen about $420 million in transaction revenue.
- Shares were modestly higher in after-hours trade, though remaining down about 40% year-to-date.
Top Stories
