In Germany, new legislation enabling managers of the most popular institutional investment fundsβthe so-called Spezialfonds allocate 20% of them to crypto-assets is set to come into force on July 1.
$1.8 trillion is invested into Spezialfonds so ; Theoretically, up to $425 billion could enter the crypto market from Spezialfonds alone
And after this move many other europe countries will follow Germany. Selling in panic right now is would make u regret after this.
Source : https://www.coindesk.com/proposed-legislation-in-germany-could-allow-425b-to-flow-into-crypto-report
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