Crypto Has ‘Lost Its Shine’ Among Institutional Investors, Says Top Northern Trust Executive — Despite Bitcoin’s 75% Gain This Year

Institutional investors seem to have lost interest in cryptocurrencies, even though Bitcoin (CRYPTO: BTC) gained almost 75% of its value this year, according to Northern Trust Corp’s (NASDAQ:NTRS) head of digital assets and financial markets. What Happened: Justin Chapman, the head of digital assets and financial markets at Northern Trust, told CNBC that the appetite for crypto assets hasn’t come back yet.