ICYMI: Pension funds remain interested in crypto despite crash: WSJ
Pensions across North America who invested in crypto have experienced considerable losses due to the market downturn.Despite losses from the bear market, pension funds across North America remain bullish on crypto,That interest is reflected in asset management firm VanEck, WSJ reports. However, depressed market conditions of 2022 have made pension fund managers consider whether to double down on their crypto investments or walk away.
"Volatility and large swings are expected,” Houston Firefighters’ Relief and Retirement Fund investment chief Ajit Singh told WSJ.
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