Institutional Investment Key to Bitcoin's Growth, Says Capriole Founder

According to BlockBeats, on January 14, Charles Edwards, founder of the Bitcoin and digital asset quantitative fund Capriole, stated that retail investors are not crucial in the recovery of the crypto market. He compared Bitcoin to gold, noting that gold's market size is more than ten times that of Bitcoin. Edwards emphasized the importance of institutional funds, which are essential for driving Bitcoin's price upward. Edwards argued that for Bitcoin to achieve significant growth, it is necessary to eliminate obvious and major risks to maximize institutional investment willingness. He identified quantum computing as the only and most significant headwind risk currently facing Bitcoin.