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Why Bitcoin Will Rise to $420,000, and What It Means for Portfolios
By
ALM Staff
Commentary May 14, 2024 at 10:16 AM
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What You Need To Know
- More than 75% of financial advisors at independent RIAs said they plan to devote about 2.5% of assets to the product.
- With a 1% allocation of client funds to the digital currency, total flows would be $7.4 trillion.
- The alternative investment is unique in this regard: It is the only asset whose supply is fixed.
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