Potential $135 billion to $1 trillion into bitcoin via ETFs.

Bitcoin ETF’s changing mainstream & Wall Street’s narrative. Just yesterday we saw the news that Fidelity will include a 1% allocation of their Bitcoin ETF in their “All-in-One” Conservative ETF in Canada. Although this ETF has only $92.8 million in AUM, which would be equivalent of $928,000 of bitcoin to capture the 1%, many are missing the point.

The point..,

The point is, this marks a trend shift and the normalization of Bitcoin in the everyday life, and conservative portfolio. Fidelity has already signaled that they see a Bitcoin allocation up to 3% on every portfolio. If we think about Fidelity’s assets under management, what can we conclude?

Fidelity U.S -> $4.5 Trillion in AUM 3% allocation -> $135 billion into bitcoin. Bitcoin Market Capitalization -> $939.25 B

Imagine the repercussion of $135 billion, of conservative money, fighting to be allocated into the scarcest asset class. Now imagine when the competitors begin to think it would be RECKLESS to not do the same..

Just between BlackRock, Vanguard, and State Street, they own an additional ~$21 trillion, which would mean $945 billion of a bitcoin allocation for accomplishing a 3% in their portfolio. Just think about the effects, the potential. I guess the institutions have finally arrived, and we are about to potentially experience a massive run, or maybe definitely.

LFG!