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Media Interest in Institutional Bitcoin Has Dropped
October 03  |  2 min read

Mentions of Institutional Interest in Bitcoin Drop to 2019 Low

The COIN360 Editorial Team

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”.

Mentions of institutions/institutional in Bitcoin headlines

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.