Home Creators Posts Import Register Favorites Logout
haven't archived this post yet. have a subscription? use the importer!

Content

By the time your financial adviser says it’s OK to buy Bitcoin, it’ll cost $1 million.

When they say it’s a good idea, it’ll be $10 million.

Running thru the digits:

  • Total Assets: $50,355 billion across all platforms.

  • Prohibited: $10,319 billion (20.5% of total assets) is completely blocked from Bitcoin ETFs.

  • Restricted: $20,886 billion (41.5% of total assets) has limited access.

  • Unrestricted: $19,149 billion (38% of total assets) has full access.

  • 5% Allocation: If platforms with prohibited or restricted access allocated 5% of their assets to Bitcoin ETFs, that would be $1,560 billion.

  • 1% Allocation: A more conservative 1% allocation would be $312 billion.

h/t Michael Saylor

Files

Previews only

Comments

Forty Six and Two

Yet Vanguard is buying MSTR for its funds. So it's okay for them to buy BTC proxy but it's not okay for you to buy BTC ETF. Glad I use Fidelity, a firm that understands crypto.