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A week before the launch of Bakkt last year, the Commitment of Traders Report indicated that institutions were net short, and thus they benefited from the crash that followed the launch. Data and anecdotal evidence shows that certain institutional players are building longer-term positions. As reported by CryptoSlate previously, technology analyst Kevin Rooke noted that from May 11 to May 27, digital asset fund manager Grayscale Investments accumulated 18,910 Bitcoin on behalf of its clients while miners produced 12,337 coins. The investor attributed his newfound optimism about Bitcoin to the fact that with central banks and governments enacting more fiscal and monetary stimulus than ever before, the need for a scarce asset like BTC has never been this clear. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner, Bitstarz fifa, bitstarz free spins. 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