or any other fund for that matter that has a pile of U.S. treasuries that have underperformed for the past 20 years then you probably should take Blackrock's advice and allocate 2-3% to Bitcoin.The funds that do this will likely ride a 10-20x and have basically a free 30-40% allocation to BTC to rescue their portfolios from having too many Bonds. Even if Bitcoin goes to zero(it won't lol) they would only lose 3% max. It's the biggest no brainer of the decade and probably for the next 20 years.The funds that fail to take action will only do more of a disservice to their beneficiaries.
It's digital gold and institutions have caught on. Easy deflationary hedge to diversify.
>>59664857The real move to hold the spot and short the front month future to scrape off the premium since they are always in contango. Btw, they're already doing this, and you can too.
>>59665598Won't that cap my upside too much? What's the annualized yield on that carry trade?
