Two days ago......., JPMorgan, one of the largest investment banks in the world ,mentioned in their research note that the recent Bitcoin adoption by mutual life insurance company, MassMutual indicates that potential for additional institutional demand of bitcoin will reach to $600 Billion.
JPMorgan also said in their recent note that even a 1% allocation by that category of company in major markets in such as the U.S., Europe and Japan could represent $600 billion of new demand.