Bitcoin enters its first institutional cycle, SALT's Shawn Owen says
SALT Lending's Shawn Owen says banks and credit unions are rushing into bitcoin as institutional demand builds.
Anthony Bassili, president of Coinbase Asset Management, says his team's Bitcoin target is above $300,000 by 2030 and expects cycle returns to shrink.
What price target does Coinbase's asset-management arm have for Bitcoin? Anthony Bassili, the president of Coinbase Asset Management, says the firm's goal sits above $300,000 by 2030. He also lays out why he expects Bitcoin's cycle returns to get smaller as the base grows, and why gold parity will take longer to reach.
Chapters:
0:00 The Role of Coinbase Asset Management
1:01 How Pensions, Endowments, and Sovereigns Treat Bitcoin
3:29 How Wealth Advisors Approach the 1–5% Bitcoin Allocation
4:04 The Coinbase Bitcoin Yield Fund: Its Users and Their Reasons
7:34 The Bitcoin Price Target and the Continued Shrinking of Cycle Returns
10:08 Tokenization, Tokenized Funds, and the iCapital Feeder
12:10 The Slow Route of Tokenization to Advisors
15:54 Are Sovereign and Pension Allocations Set to Keep Climbing?
18:14 Bitcoin and Gold: Correlations in the Era of Fiscal Dominance
19:23 The Store of Value Index: Bitcoin and Gold in a Single Wrapper
Disclaimer: The opinions heard in this program belong to the participants and do not necessarily accord with the official position or policy of BTC Inc., Bitcoin Magazine, or any affiliated organizations. The material is supplied solely for informational and educational purposes and is not to be taken as investment, legal, tax, or accounting advice. No part of this program is a solicitation, a recommendation, an endorsement, or an offer to buy or sell any securities or financial instruments. Before making financial or business decisions, viewers should consult their own advisors.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
SALT Lending's Shawn Owen says banks and credit unions are rushing into bitcoin as institutional demand builds.
SALT Lending CEO Shawn Owen says Bitcoin's portability and divisibility give it an edge over gold and real estate as institutions enter the market.
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