.PeterSchiff believes Paul Tudor Jones does not hold a noteworthy amount of $BTC but has great exposure to gold
despite the massive correction caused a dispute in the crypto community, and Peter Schiff has joined it recently.Schiff believes that Jones took profits on BTC a long time ago since it is not a very compelling endorsement from the first big mainstream investors. Schiff is most likely hinting at the poor performance of the digital gold on the market: Bitcoin has lost more than 70% of its value since reaching the all-time high back in November..
The version about taking profits can also be close to the truth considering the behavior of institutional investors on the crypto market's way down. Most fund management companies exited most of their positions on the digital assets market. According to , funds, trusts and other companies are not yet convinced to return to the market and mostly provide inflows to short derivatives.
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