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We are currently right at the start of Phase 5.
The phase where hedge funds and other large institutional parties start hedging small fractions of their total assets in #Bitcoin
.
Let's assume they all want to start with 1% of their total assets.
The phase where hedge funds and other large institutional parties start hedging small fractions of their total assets in #Bitcoin
. Let's assume they all want to start with 1% of their total assets.
Different kinds of institutions that might start hedging their assets:
- Insurance companies
- Pension funds
- Insurance companies
- Pension funds
Insurance companies
The first google search let me to believe that this is a good representation of the total assets in insurance companies globally:
$32.9 Trillion ($32.900.000.000.000)
https://www.statista.com/statistics/421217/assets-of-global-insurance-companies/
The first google search let me to believe that this is a good representation of the total assets in insurance companies globally:
$32.9 Trillion ($32.900.000.000.000)
https://www.statista.com/statistics/421217/assets-of-global-insurance-companies/
Pension funds
The first google search let me to believe that this is a good representation of the total assets in pension funds globally:
$35.6 Trillion ($35.600.000.000.000)
The first google search let me to believe that this is a good representation of the total assets in pension funds globally:
$35.6 Trillion ($35.600.000.000.000)
This means that an estimation of the total assets of pension funds and insurance companies globally is equal to $ 68.500.000.000 (32.9 T + 35.6 T).
If they all want to put 1% of their total assets into BTC it would come down to $680 B.
Current marketcap of Bitcoin is $340 B.
If they all want to put 1% of their total assets into BTC it would come down to $680 B.
Current marketcap of Bitcoin is $340 B.
