Retail investors are blind to the fact that they will eventually own Bitcoin.
I believe it has a spot of at least a few percent in everyone’s portfolio.
Everyone has retirement or brokerage accounts that own ETFs (exchange-traded funds).
Now, these institutions are applying Bitcoin to their ETFs.
Why let Wall Street make the fees and take the trade?
I have been a buyer for over six years.
Bitcoin is a great hedge against inflation and currency devaluation.
A limited supply capped at 21 million coins makes it scarce.
Central banks can endlessly print traditional currencies, potentially leading to inflation.
We have seen this over the last decade; look at our deficit now and the cost of items.
In the last few years, governments have demonstrated that they can confiscate assets, whether from Russians or Canadian truck drivers.
Conversely, Bitcoin is not controlled by any government or financial institutions, reducing the risk of manipulation and offering alternatives to fiat.
Like gold, Bitcoin is scarce, durable, portable, and increasingly recognized as having value.
Bitcoin’s digital nature makes storing, transferring, and dividing easier than physical gold.
Bitcoin offers the potential to safeguard wealth from unstable governments, hyperinflation, or the seizure of assets.
Its volatility and history of appreciation offer the potential for significant returns.
This chart breaks down the estimated current ownership of all the Bitcoin.
As you can see, it is pretty distributed.
Satoshi Nakamoto, its anonymous founder, may have around 1.1 million BTC.
Notable individuals: Winklevoss twins (~70,000 BTC), Michael Saylor (~17,000 BTC), Tim Draper (~29,000).
Leading public company holder: Microstrategy with 193,000 BTC, followed by Robinhood, Marathon Digital Holdings, and Tesla.
Governments hold approximately 244,779 BTC; China has the most due to Plustoken scam seizures.
Financial institutions and ETFs play a significant role in Bitcoin ownership and are expected to grow.
Individual owners make up 57% of BTC holders.
MicroStrategy, a software company, is actively involved in the Bitcoin market. It holds 205,000 bitcoins in its treasury as a long-term investment.
This company's market cap qualified it for the S&P 500, which means it can be in everyone's portfolio that owns the S&P.
Fidelity Canada adds up to 3% bitcoin to its all-in-one ETFs.
Blackrock filed to add Bitcoin to its strategic portfolio.
Many more are coming, and Bitcoin will be added to many ETFs (funds) over the next few years.
Bitcoin ETFs will be added to many of the brokerage's offerings through money managers.
London Stock Exchange announced they will start accepting Bitcoin ETN (Exchange Traded Notes) applications.
The list just keeps on going from here.
Bitcoin just surpassed its all-time high, and so price discovery begins.
Cathie Wood of ARK Invest has predicted 1M+ by 2030.
They have a whole team of professional analysts who put their money where their mouth is.
Michael Novogratz predicts a short-term price surge to 150k.
Fred Thiel of Marathon Holdings says $120,000 is on the horizon.
Tom Lee, head of research at Fundstrat and a professional analyst, says that $150,000 will be inbound soon.
It's easy to open a Coinbase or Kraken account in the US, transfer funds, and make a purchase.
Many Bitcoin ETFs are now available through your brokerage account if you want to avoid direct custody of Bitcoin.
The launch of the ETFs validated this asset class and the desired demand that needs to be met.
This is not just a US trend, but a global investment asset class.
When have we ever had an asset that could easily be bought worldwide?
Do your research, screw Wall Street, and take ownership directly.
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