Rusty Russell
· 1w
I keep hearing about all the billions left on the sidelines, which will come rushing into Bitcoin when some legislative or regulatory event occurs.
Here's some history:
- Bitcoin futures ETFs. Octobe...
Not all institutional allocators or investors can easily stack yet.
Most of the time, their mandate or their jurisdiction simply doesnt allow it.
Think institutions that only invest in bonds. Think nation states or central banks that only 'reserve' with fiat currencies or gold.
And those early adopters who have allocated (to IBIT for example) have only done so with a fraction with their capital.
These types of investment decisions take time because these institutions are incredibly slow, and from my experience, they don't even consider it.
Yes, there is enormous capital not yet allocated to Bitcoin, and as you refer to it on the sidelines.
It will come and it has to come, as bitcoin continues to prove itself as the best money and the best asset to hold and save in.
โค๏ธ1
