Odaily Planet Daily News According to The Kobeissi Letter, when an asset provides a 90% return in one year, it can be judged as an "outlier". However, when an asset provides a 90% compound annual growth rate (Bitcoin) in 13 years, it can no longer be ignored.
In addition, affected by factors such as the sudden adoption of cryptocurrencies by the US government, some US conservative funds have begun to buy, and the "conservative" funds interviewed by it have also allocated "1% of AUM" to Bitcoin.
Currently, the scale of US institutional asset management is estimated to be about 31 trillion US dollars. If only 1% of US institutional capital flows into Bitcoin, this may drive the asset to flow in by about 300 billion US dollars or more. Considering global institutional AUM, we may see more than 1 trillion US dollars flow into Bitcoin.