InvestAnswers: U.S. SEC Filings Show Big Year for Institutions Investing in Crypto


Popular crypto analytics and market commentary show InvestAnswers says that a spike in filings to the U.S. Securities and Exchange Commission (SEC) this year is indicative of institutional interest. 

Speaking in a recent video, the host of InvestAnswers noted that the number of SEC 13F filings that mention Bitcoin has increased to nearly 160 through the first two months of 2022, up from just 60 total in the final quarter of last year. SEC Form 13F is a quarterly report that is required to be filed by all institutional investment managers with at least $100 million in assets under management. 

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According to the show’s host, the sudden spike in filings mentioning Bitcoin is indicative of strong institutional interest moving towards Bitcoin this year. 

As reported by The Daily Hodl, he said, 

So remember, smart money is coming Q1 2022. They’re knocking on the door and that going from 58 mentions to 160 is a huge explosion. 




Despite Bitcoin’s poor price performance through the first two months of 2022, InvestAnswers says the arrival of institutional money will cause the price to surge. He cited predictions made by popular investor and Shark Tank star Kevin O’Leary, who said institutional money will “completely change the game,” for crypto. 

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The show’s host continued, 

Will the arrival of institutional money cause a price surge? The answer is yes and Kevin O’Leary said as much. He expects this money to completely change the game. So does Raoul Pal, so do I, so do many others. If you look at Glassnode statistics today as well, you see that 80% of the transactions, 80% of the volume is institutional million dollar-plus transactions. 

The host cautioned viewers to ignore the weakness and uncertainty of the present market and to instead look at the “big picture,” impact of institutional investment, which would likely emerge within the next 6 to 24 months.

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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