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Opinion: US Conservative Funds Begin Allocating Bitcoin, Potential for up to $1 Trillion Inflows
Summary: In a recent report by The Kobeissi Letter, it is stated that when an asset provides a 90% return within a year, it can be considered an outlier. However, when an asset like Bitcoin provides a 90% compound annual growth rate over 13 years, it can no longer be ignored. Furthermore, influenced by factors such ...
In a recent report by The Kobeissi Letter, it is stated that when an asset provides a 90% return within a year, it can be considered an outlier. However, when an asset like Bitcoin provides a 90% compound annual growth rate over 13 years, it can no longer be ignored.
Furthermore, influenced by factors such as the sudden adoption of cryptocurrencies by the US government, some US conservative funds have started buying in, with interviewed funds allocating 1% of their AUM to Bitcoin.
Currently, the estimated asset under management (AUM) of US institutional investors is around $31 trillion. If just 1% of US institutional capital flows into Bitcoin, this could potentially drive inflows of over $300 billion into the asset. Considering global institutional AUM, we may see over $1 trillion flowing into Bitcoin.
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Link: Opinion: US Conservative Funds Begin Allocating Bitcoin, Potential for up to $1 Trillion Inflows [Copy]
