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Billionaire Investor Ken Griffin Says He's a Crypto Skeptic

  • Griffin says none of his managers suggested trading Bitcoin
  • Alan Howard among money managers trading virtual coins
Bloomberg business news
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Billionaire hedge fund manager Ken Griffin said he questions the value of cryptocurrencies and laments how younger investors have been attracted to the digital coins rather than stocks of companies that drive economic growth.

While Griffin’s securities trading business has considered making markets in crypto-assets, the Citadel founder said he has “a hard time” being a liquidity provider in a product he doesn’t believe in.