Funds incoming...

The core message in this post is, institutional money is coming. I absolutely appreciate this is not news to anyone on this forum for past few months but I wanted to briefly share personal experience as I often find this more valuable than speculative content or 'experts' opinions. Last night I attended a local get together that each month hosts someone who presents info about their area of expertise. This one was titled 'Active vs Passive Iinvesting'. Much of the presentation focused on traditional Wall Street strategies, no surprise given the presenters background, but, crypto kept coming up.

Despite the presenter dismissing crypto attendees persisted in asking about it. Many of the folks there know that I'm... familiar with crypto and near the end a few of them asked my opinion. Very briefly I described a bit of the recent history that's influenced adoption and summarized by saying that they should all seriously consider putting 3% of their net worth into a BTC ETF. When presentation ended I was surrounded and peppered with questions.

Bottom Line: This is a very conservative, high net worth neighborhood (I'm the token radical in the room) and based on their reactions I'm certain that on Monday the majority of them will tell their financial advisors I want in on BTC, and they will tell their friends they should get in, etc. Some already have. So yeah, I know you know but, it's happening.