2021 shows that traditional giant financial institutions take their initiation to invest in Bitcoin and other cryptocurrencies, large-scale investments involving traditional financial giants such as JPMorgan Chase and Citibank. These financial institutions and financial service providers may strengthen the experimentation and investment products of cryptocurrency through investment or actual investment product introduction this year.
In March 2021, J.P.Morgan & Chase Group submitted a basket of stocks for investing in cryptocurrencies to the US Securities Commission. The basket of stocks listed companies either directly own a large number of cryptocurrencies or operate businesses related to cryptocurrencies.
In April, J.P.Morgan & Chase Group announced that it would launch a cryptocurrency investment fund with Bitcoin as the main product. This is the first world-class financial institution to change from “rejecting” to “supporting” in the launch of financial products. Morgan’s Chief Financial Officer, Jonathan Pruzan stated on the first-quarter earnings conference call that if more investor customers show interest in cryptocurrencies, the company will provide more investment services related to cryptocurrencies.
Bitcoin has always been the prodigy in cryptocurrency. It is the first cryptocurrency to be created, popularise and had set record performances in the past few months. Its price exceeded $60,000 in April 2021, presenting itself as an investment option that is very interesting to both new and old investors.
Because of its most popular liquidity and demand, Bitcoin is also the most widely adopted and accepted currency in the mainstream crypto market. Many merchants and suppliers have launched Bitcoin applications and payment gateway, which further promotes the demand for Bitcoin price.
Bitcoin’s ultra-high value has made investors interested, but they are unable to keep up with the market trend all the time, missing many investment opportunities or invested in the wrong altcoins. Therefore, the digital asset management service that manages asset investment on behalf of investors is experiencing exponential expansion and growth.
volofinance is an excellent asset management service company with an experienced asset management team and diversified investment products. It provides investors with cryptocurrency, commodities, forex and other financial products. Among them, the cryptocurrency asset management service in the past 6 months has achieved very prominent results. Each month it has reached a profit record of 10% to 15% growth.
volofinance uses their Hawkeye trading AI, with 3 technical indicators, 2 analysing techniques and 1 market volume data to create a scientific trading strategy, analyzes financial market trends, and selecting accurate market entry opportunities. Making quick, stable, and small short-term transactions with risk control focus, to achieve stable assets growth for investors.
In terms of financial security, the company is represented by an authorized broker, Vlado Brokers who is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Australian Securities & Investments Commission (ASIC). Moreover, all investor funds will be stored by a third party-bank segregated account to form a concrete risk management system to ensure the strict separation of asset managers and investor assets.