CEO of ErisX: The participation of investment institutions is the main reason for the rise of Bitcoin

For this round of bitcoin price increases, ErisX CEO Tom Chippas believes that the main reason is that various types of investment financial institutions continue to join the encryption industry. According to Chippas, there are different types of institutions, including retail brokers that offer services such as registered investment advisors, which help individuals make investment decisions and provide investors with the tools to manage their portfolios.