Opinion: US Hedge Funds Have Started Allocating to Bitcoin, Such Institutional Shift Could Drive up to $1 Trillion into the Space
BlockBeats News, July 15th. According to The Kobeissi Letter, when an asset provides a 90% return within one year, it can be considered an "outlier." However, when an asset provides a 90% compound annual growth rate over 13 years (like Bitcoin), it can no longer be ignored.
Furthermore, influenced by factors such as the sudden adoption of cryptocurrency by the U.S. government, some U.S. conservative funds have begun buying in. The "conservative" funds they interviewed have also allocated "1% of AUM" to Bitcoin.
Currently, the estimated assets under management (AUM) of U.S. institutions are around $31 trillion. If only 1% of U.S. institutional capital flows into Bitcoin, this could drive an inflow of over $300 billion into the asset. Considering global institutional AUM, we might see over $1 trillion flowing into Bitcoin.
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