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In recent days, the largest asset managers and banks in the US have officially begun recommending that their clients hold Bitcoin in their portfolios:
• BlackRock: 1%–2% • Fidelity: 2%–5% • Morgan Stanley: 2%–4% • Bank of America: 1%–4% • Vanguard: finally allowing the purchase of BTC ETFs
The message is clear: not having exposure to Bitcoin is no longer a “conservative” stance.
On the contrary, it is now seen as a financial risk.
Bank of America alone manages US$2.1 trillion in assets.
Just 1% of that entering already means almost US$100 billion of potential flow into the BTC market.
And remember: for years, managers couldn't even recommend Bitcoin.
Now they are actively advising to buy.
The trillions that were locked behind the gates of the traditional system… finally have access.
The game has changed.
The wall has fallen.
And Bitcoin has just officially entered the institutional phase of global adoption.
The risk was never Bitcoin.
The risk was always being left out.
Culturally, ‘we’ should mock all Bitcoin not held in self-custody.
When the gold etfs were launched it helped to pump the price but also weakened the norm of taking physical custody.
Lessons to be learned or legacy to be burned.
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Big if true
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