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The U.S. Department of Labor will relax its guidance against crypto in 401(k) plans, enabling billions of dollars to flow into crypto assets. If crypto captures 1% of 401(k) assets, that’s $80 billion of new capital entering the space and a steady flow thereafter.

80BN impact on BTC price would take us North of 200K - ie add $112K to price.

But real kicker is the perpetual bid.

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LebZeppelin

21x this is huge.. was under the impression multipliers avg between 3-5x

Joe T

This would be nice, I work for a major 401k even if the rules are relaxed, it will be a while before I think they would add them to fund line up, it’s very rare to see anything outside of standard mutual funds.

Sean Delaney

Less profitable so they might drag their feet as there isn’t competition. But eventually they will be forced to change.