Crypto Craze Finds Few Fans at Endowments. Maybe Not For Long
- Industry survey shows most managers want to steer clear of it
- But 20% are taking a closer look at cryptocurrencies
Bitcoin: What’s Coming in the Year Ahead
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Endowments and foundations are steering clear of the crypto-craze. At least for now.
Ninety-six percent of top officers at these organizations said they aren’t investing in cryptocurrencies and have no plans to do so, according a survey released Monday by consulting firm NEPC. But plenty of them are intrigued.