Scott on Nostr: They're only off by 90.5%... ...
They're only off by 90.5%...
For anyone who was looking for the Blackrock report on #Bitcoin allocation...
(h/t to MTC (npub1c37…daf4))
Using a number of various models/risk tolerances they create different frames for investing in BTC. Toward the end of the paper they suggest a 9.5% allocation as optimal.
9.5% of only Blackrock's investment capital is roughly $1 Trillion
...
The current BTC market cap is $570 Billion. Among other banks and financial institutions, that should raise some eyebrows to say the least. 👀
I downloaded and have it available for anyone who was looking for it 👇🏻
https://mega.nz/file/XV5wWJ5S#raZ6CIzUPcbp9u-TUwBtB10pGrTicxC4DkKL41npEBg
Published at
2023-07-25 15:53:33Event JSON
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