the key clause here is "at some point." These dinosaur institutions are slow to change. They have a monopoly on money already, so why change? If they are the ones who are supposed to elevate crypto, why would they write their own demise?
RE: At some point all the big Macro Funds will have a 1% position in Bitcoin
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At some point all the big Macro Funds will have a 1% position in Bitcoin
They aren't writing their own demise. This is about hedge funds delivering alpha. There have been several models that show having at least 4% exposure to bitcoin is the ideal risk adjust portfolio.
Here's one:
https://bitcoinist.com/new-yale-study-every-portfolio-must-include-at-least-6-bitcoin/
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