The Evolving Efficiency of Bitcoin Markets

Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head of investment solutions at AMINA Bank.Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head of investment solutions at AMINA Bank.