Institutional appetite continues to grow amid bear market — BitMEX CEO

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Institutions are still hot for crypto according to Alexander Höptner who thinks that ETH will be the asset of choice now that it is ESG-friendly.

In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum.in Singapore on Sept. 28, the crypto executive told Cointelegraph that there has not been a “single slowdown of institutional push into crypto” during this bear market.for innovation. There is a lot more pressure to deliver in a bull market, but bear markets offer the luxury of more time.

When asked whether institutions or retail will end the bear market he said that retail is still pulling out whereas institutions are still making a push, before adding:

 

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ESG friendly but not people friendly

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