The Rothschild Investment Firm SIGNIFICANTLY Increases Crypto Exposure

Rothschild Investment Corp is betting big on Bitcoin.

According to reports, the investment corp has increased its exposure to crypto by as much as 300% since April of 2021.

Those bullish on the cryptocurrency point to this Rothschild activity as a cause to be optimistic about Bitcoin’s future price action.

This move by Rothschild Investment Corp mirrors other larger financial concerns who have been embracing Bitcoin, and trying to carve a future place in the digital economy.

Legacy institutions continue to increase their holdings in and exposure to cryptocurrencies at a steady place, as concerns over U.S. Dollar inflation continue to loom.

Take a look at the Rothschild Bitcoin position:

BTC institutional watch:

In an SEC filing today, Chicago-based Rothschild Investment reported owning 141,405 shares of Grayscale Bitcoin Trust as of June 30.

Previously, the firm reported 38,346 shares at the end of March.

Today's filing also reported 279,119 shares of…

— MacroScope (@MacroScope17) July 19, 2021

Rothschild Investment Corp. tripled its bitcoin position this month. 👀

Not bad.

— Relai 🇨🇭 (@Relai_ch) July 20, 2021

Coin Telegraph states:

The data implies that declining prices have not fazed executives, while Bitcoin has been maintaining a drawdown for three months after hitting its all-time highs of $64,500 in mid May.

As Grayscale CEO Michael Sonnenshein noted this week, institutional players are likely taking little notice of short-term price moves, instead concentrating on a much lower-time-preference strategy when it comes to cryptocurrency.

“Investors in this asset class are really not focused on… short-term movements in price,” he told CNBC.

Some of you got into bitcoin to escape from the Rothschilds and their central bank fiat scam just to panic sell into the bids of exactly those fuckers at the first serious retrace of $btc in more than a year.

Fucking funny af. https://t.co/DFWGnFJUOi

— David {scotch maximalist} (@bearishbulltard) July 20, 2021

The Rothschilds increased their stack by >25%, but you and 0.1 #bitcoin are selling!? 🤔 https://t.co/pr3TCyfVNx

— Sam Callahan (@samcallah) July 19, 2021

Coingape adds:

Interestingly this purchase comes in the quarter when the Bitcoin price corrected more than 50%. At press time, Bitcoin (BTC) was 2.78% down trading at a price of $30,623 with a market cap of $579 billion.

Despite BTC constantly trading under pressure, institutional players have continued to buy the dips. As CoinGape reported, Bitcoin whales have been also adding at the current price levels by squeezing more Bitcoins in their wallet.

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