‘Long Tech’ Retakes Most-Crowded Trade Crown from Bitcoin: Bank of America Survey
Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record.
The disclosure comes as Coinbase is preparing for a public listing in the U.S.
The Financial Supervisory Authority said investment products such as bitcoin ETPs carry "significant" risk for consumers.
The 97-year-old vice chairman of Berkshire Hathaway said buying bitcoin is "the pursuit of the uneatable by the unspeakable."
Cryptocurrency's viability as an investment may not be in its value as an asset but in the way the financial world is evolving because of it.
Gundlach has previously said, "I don't believe in bitcoin."