{"id":34878,"date":"2021-01-18T11:09:54","date_gmt":"2021-01-18T09:09:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34878"},"modified":"2025-08-28T22:39:11","modified_gmt":"2025-08-28T19:39:11","slug":"nydig-chief-says-institutions-are-only-interested-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nydig-chief-says-institutions-are-only-interested-in-bitcoin\/","title":{"rendered":"NYDIG chief says institutions are only interested in Bitcoin"},"content":{"rendered":"<p>Large investors in the crypto market are focused exclusively on Bitcoin, said Robert Gutmann, chief executive of the cryptocurrency platform New York Digital Investment Group (NYDIG), in a comment to <a href=\\\"https:\/\/www.theblockcrypto.com\/linked\/91500\/big-institutions-are-only-interested-in-bitcoin-says-nydig-ceo\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">The Block<\/a>.<!--more--><\/p>\n<p>\\n<\/p>\n<p>He said that the expansion of fiat money supply in the wake of the COVID-19 pandemic has made the first cryptocurrency more attractive.<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>\u201cAll 100 of my recent conversations with investors considering crypto investments of $50 million have revolved around Bitcoin. None of them are looking at other digital assets for investment,\u201d Gutmann added.<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p>The idea of open-source money could solve many of society&#8217;s fundamental problems, according to the platform&#8217;s chief executive.<\/p>\n<p>\\n<\/p>\n<p>Earlier, <a href=\"https:\/\/forklog.com\/en\/news\/nydig-and-moven-to-simplify-banks-bitcoin-services\">NYDIG joined forces with fintech company Moven<\/a> to facilitate banks&#8217; work with Bitcoin.<\/p>\n<p>\\n<\/p>\n<p>Earlier, Pantera Capital CEO Dan Morehead said that <a href=\"https:\/\/forklog.com\/en\/news\/pantera-capitals-ico-fund-surges-500-in-2020\">Bitcoin and Ethereum<\/a> dominate the market, accounting for 86% of total market capitalization.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major investors in the crypto market are focused exclusively on Bitcoin, NYDIG chief executive Robert Gutmann said in a comment to The Block.<\/p>\n","protected":false},"author":1,"featured_media":34879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Investors focus on Bitcoin, says NYDIG CEO.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1156,1690],"class_list":["post-34878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-institutional-investors-and-whales","tag-nydig"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"Investors focus on Bitcoin, says NYDIG CEO.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=34878"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34878\/revisions"}],"predecessor-version":[{"id":34880,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34878\/revisions\/34880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/34879"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=34878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=34878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=34878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}