원문 보기
encouraging asset allocators to think seriously about uh Bitcoin is um it is not only a risk on asset but during the Regional Bank crisis last year uh it appreciated as Regional Banks were falling apart the most compliant exchange out there coinbase has had a magnificent move since all of the regulatory concerns were plaguing it last year I think it's up more than five-fold uh and so uh this is simple portfolio management there are other stocks in the portfolio that are lagging uh this has had a great move and so it's simple simply trimming know profit taking and really nothing more than that invest in this video Kathy Wood will share her insights on why does she expect a spot Bitcoin ETF approval citing coinbase's compliance and ripples and grayscale successes why does she advocate at institutional Bitcoin allocation as a unique low correlation asset how does she confidently foresee bitcoin's continued price rise with increasing institutional country and Company adoption well one of the things that it's doing right is that it is uh from a regulatory point of view the most compliant exchange out there well we think the odds are high and the reason we say that is because of uh ripples win grayscales win uh but especially ripples win and uh what we learned about uh Securities uh and and timing of issuance versus trading on a platform when something starts as a security and evolves into something else not a security coinbase has filed for a direct listing on the NASDAQ which could make it the first publicly traded crypto Exchange in the US the company reported 1.3 billion in revenue and $322 million in profit in 2020 with 43 million verified users and9 billion in assets on its platform Ripple has scored another partial victory in its fight with the SEC as a Court ruled at the sale of xrp on exchanges and through algorithms did not constitute investment contracts however the institutional sale of xrp did violate Federal Securities laws the court said a yes so if you look uh over the history of Bitcoin uh the optimal uh uh allocation on average over over this time period has been roughly 5% maybe a little bit below 5% that's the average uh when we first put uh Bitcoin or it got exposure to bitcoin through gbtc in 2015 uh the optimal allocation would have been uh less than a half a percent but it's it's been rising and I think one of the things that we learned in the last year uh that uh that I think is encouraging asset allocators to think seriously about uh Bitcoin is um it is not only a risk on asset but during the Regional Bank crisis last year uh it appreciated as Regional Banks were falling apart uh and so it has become a flight quality asset as well so think about that that risk on and risk off volatile to be sure uh but risk on and riskof uh that's quite something and then the other thing to consider is institutions are by and large have not allocated to bitcoin and uh yet it is a new asset class and uh they have to consider the ramifications of that from a diversification point of view a diversification into a new asset class that is not highly correlated with other asset classes stocks bonds Commodities and others uh usually increases returns per unit of risk which is what allocators want uh and the other thing I'll note is uh the number of Bitcoin outstanding right now is a little over 19 and A5 million uh the maximum number we will ever see is 21 million so uh this scarce asset is getting scarcer and institutions have not even gotten involved yet in any big way AR invest The Firm founded by Kathy Wood is recommending an optimal portfolio allocation of 84.9% Bitcoin based on its analysis of the risk reward profile and the correlation of Bitcoin with other asset classes Robert koseki predicted the downfall of the American Empire likening its fate to that of the Roman Empire and advised investing in Bitcoin gold and silver as a safeguard conversely Economist Peter Schiff described the recent bitcoin price surge as a pump and dump scheme a grayscale study on the upcoming Bitcoin having in 2024 highlights a fundamentally different Market Evolution due to onchain activity and structural updates Anthony scaramucci of skybridge capital remains optimistic about Bitcoin encouraging investment despite its recent price increase yeah as you know we do fiveyear plus forecasts and so uh we're we're focused on uh how institutions and uh and countries uh and companies might use this uh new asset class for for different reasons and and so we think we've just begun from a price appreciation point of view this is part of a journey I do believe that the SEC giving the green light uh has um encouraged institutions to think uh carefully about it and have a point of you uh so we're in the learning phase right now and I think uh I think uh over time that uh this movement into this new asset class will continue to push up the price uh whether it happens this year you know there's always there are always short-term uh causes for volatility so a one-year period is pretty short but over a fiveyear period our confidence is very high technical analyst Michael Van deom has shared his bullish outlook for Bitcoin coin and said that it could reach $250,000 in this cycle he also said that Bitcoin could face some resistance at $50,000 and $58,000 before breaking out to new highs five the pukin data has raised concerns about the inflationary pressures in the economy especially as the supply chain disruptions and labor shortages persist some analysts have warned that the FED may have to tighten its monetary policy sooner than expected or risk losing its credibility and control over inflation 6 not know why you haven'
Comments 0