Express
Fidelity Report: Trillions of Dollars Could Flow Into Bitcoin
Summary: Fidelity Digital Assets has published a new report that describes how trillions of dollars could flow into Bitcoin. Its director of research Ria Bhutoria expects Bitcoin to follow the path of emerging markets. Bhutoria’s report highlights how the role of emerging and frontier equities in global portfolio diversification has dramatically increased over the past decades. Emerging ...
Fidelity Digital Assets has published a new report that describes how trillions of dollars could flow into Bitcoin. Its director of research Ria Bhutoria expects Bitcoin to follow the path of emerging markets.
Bhutoria’s report highlights how the role of emerging and frontier equities in global portfolio diversification has dramatically increased over the past decades.
Emerging markets usually offer much higher returns than mature markets because of the higher growth prospects. They are also more volatile and less liquid.
In addition, Bhutoria estimates that if only 1 per cent of the $50 trillion bond market enters Bitcoin, the market cap value of Bitcoin could increase by $500 billion:
"While this is a simplified approach, the point of this exercise is to examine bitcoin's potential asymmetric upside as a feature that may appeal to investors, in addition to its lack of historical correlation to other assets."
By Amy Liu
Tags: Bitcoin,Dollars,Fidelity
Link: Fidelity Report: Trillions of Dollars Could Flow Into Bitcoin [Copy]
