Kevin O’Leary asserts that institutions are primarily focusing on Bitcoin, which he sees as maturing into its own investment category. He currently holds 1.5% of his portfolio in Bitcoin, with 19% total in crypto, and believes that regulatory clarity is essential for unlocking institutional investment.
Michael Saylor predicts Bitcoin could reach $10 million as wealth management firms slow to adopt it. Currently, only 38% of assets are with firms that allow unrestricted access to Bitcoin ETFs. Significant capital could flow into Bitcoin if restrictions are eased, underscoring its potential.
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