Mentions of Institutional Interest in Bitcoin Drop to 2019 Low

Digital assets analytical agency the TIE has shared on Twitter research findings that indicate a drop in the number of mentions of institutional interest in Bitcoin in news headlines to the lowest point of 2019.

The agency has published a graph showing data from “over 85,000 unique publication headlines collected since October 2017”. In particular, mentions were analyzed by the search words “institutional”, “institution”, “institutions”.

According to the analytical agency, the interest climbed after the first announcement of Bakkt at the end of August 2018. Bakkt launched its much-anticipated product – a ”physically settled monthly futures contract for bitcoin held in the Bakkt Warehouse” this September, but the trading volume was perceived as low, which could cause a stir in the crypto community.