JERSEY CITY, N.J. | (NJCU) professor Dr. John Donnellan,a Fulbright Scholar and the chair of NJCU鈥檚 Management Chair, is included as a subject expert in an NJ.com and Jersey Journal article entitled 鈥溾.&苍产蝉辫;
The July 28, 2024 article was published by and explores the topic of the City of Jersey City鈥檚 decision to enter the cryptocurrency market by investing a piece of the city鈥檚 pension fund. The full article can be :
Dr. Donnellan, who is also NJCU鈥檚 Fulbright Liaison, was one of two faculty members interviewed for the story, saying Mayor Fulop has diminished risk to the city by investing in an ETF, which is regulated.
Donnellan says buying into an ETF is a 鈥渟mart鈥 way to diversify investments and provide a 鈥渘ice bump鈥 for the pension without a potential large loss. He said people are attracted to Bitcoin because 鈥渋t is a non-sovereign nation currency鈥 regulated 鈥渂y the people.鈥
鈥淭he way I look at crypto ETF, just remove the word crypto, if I put energy or water ETF, who cares?鈥 said Donnellan. 鈥淣obody would mention anything. The minute you put in the word crypto there is a fear of the unknown because it is still not fully understood.鈥
Media seeking an NJCU faculty or staff member as a subject expert are encouraged to contact communications@NJCU.edu for assistance and guidance.
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