For the shills…

"Institutions Handled the Volatility Very Differently

From our vantage point, institutional investors, our primary client base, handled this sell-off in a vastly different manner from retail. Certainly, it was a busy period for our entire team, but things were much more orderly than the markets would suggest. Our services never went down, and we were in close contact and executing orders for our clients continuously throughout the day. Our desk did see some selling, but our buy-to-sell order ratio was well over 3x. Furthermore, we received unsolicited inbound inquiries from new investors interested in the asset class despite the volatility. We understand that investor confidence is likely shaken for the short term, and it may take time to regain some footing in the market. If we could leave investors with one takeaway, it is that the investor class that we serve continues to appreciate the secular growth case for the asset and appear to be less fixated on the short-term gyrations in the market."

-NYDIG client newsletter

NYDIG is the crypto destination for Goldman Sachs alumni. They are leading the way and working with banking backoffice infrastructure giant https://www.fisglobal.com/ to bring Bitcoin deposit accounts to 300 US banks in 2021…