I am sure they are just testing the water. Hard for them to go all-in 😎
RE: How much institutional demand is there really for crypto?
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How much institutional demand is there really for crypto?
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Yea I can't imagine they will ever go much more than something like a 1-3% allocation max, but if they all did that, that would be tens of billions of dollars flowing in, possibly hundreds of billions.
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That is the right math. Portfolio theory suggests better returns by putting something below 3% into a decorrelated asset like BTC.
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When they all do that, that will represent a ton of demand coming in.
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