Are you bullish on Bitcoin ?
BlackRock, Fidelity, Morgan Stanley, Franklin Templeton, Bank of America/Merrill, VanEck and WisdomTree are all now publishing research or guidance around adding relatively small Bitcoin or crypto allocations to traditional portfolios.
Generally, the discussion is somewhere in the 1–4% range, depending on the investor, portfolio and risk tolerance.
If Bitcoin moves from a default allocation of 0% to even 1–3% across a meaningful portion of traditional portfolios, the amount of capital seeking exposure to a fixed-supply asset could be enormous. That could end up being one of the biggest institutional catalysts Bitcoin has ever had.
All this is happening and retail demand appears relatively low,while institutional adoption continues to expand through spot ETFs, new investment funds, model portfolios and increasingly explicit portfolio-allocation guidance.
The next major Bitcoin cycle may look very different from the ones that came before it. It is hard not to be bullish.
