The Bitcoin Invasion Of Wall Street Is Just Starting

To investors,

The bitcoin invasion of Wall Street has just begun. We have seen the bitcoin ETFs become the most successful ETF launch in history, bitcoin treasury companies are some of the best performing stocks in recent years, and now real estate funds are starting to marry bitcoin with one of the largest asset classes in the world.

This is happening at warp speed because Wall Street doesn’t feel like they are under attack. Instead, the traditional financial players are racing to embrace bitcoin. They realize this new asset brings them new clients, new assets under management, and new revenue. The asset also comes with volatility, which brings potential profits for those who can position themselves correctly.

The legacy players aren’t fighting off the attack — they are encouraging it. They have opened the doors to the largest pools of capital and bitcoin is being invited in. This may not sit well with the hardcore bitcoiners who were originally attracted to the asset because it was outside the system. Those libertarian ethos still exist to a degree, for example nothing about bitcoin’s system has changed, but it is important that everyone participates if you want true mass adoption, including Wall Street.

As I continue to say, bitcoin is the only asset I am aware of where it becomes less risky as it grows in size. There were few sophisticated capital allocators who could gain exposure when bitcoin was $100 - 200 billion market cap. Now that the asset is measured in trillions, almost every capital allocator on the planet can put the exposure on.

And this is where the Wall Street invasion becomes important. Wall Street is exceptional at creating wrappers for different assets. The ETF is a wrapper around spot bitcoin. The bitcoin treasury companies are wrappers around bitcoin accumulation machines. The real estate funds are wrappers around tax-advantaged, income-producing bitcoin exposure. And there will be many more wrappers.

These wrappers will appeal to different investors for different purposes. Some want as much asymmetric upside exposure as possible. Others want downside protection. Some may want yield, while another group could be attracted to the long-term compounding.

Regardless of why an investor is drawn to bitcoin, the increase in demand is impossible to ignore. I continue to believe that bitcoin has become the new hurdle rate for the younger generation. These young people will ascend to positions of power and influence inside of the most important financial institutions over time. That means bitcoin will eventually become the hurdle rate for the world.

And if bitcoin is beta exposure, you won’t be able to look in any corner of the financial system without seeing bitcoin there.

The bitcoin invasion has just begun. But this multi-decade trend will be much bigger, and more important, than majority of people realize.

Hope you all have a great day. I’ll talk to everyone tomorrow.

- Anthony Pompliano

Founder & CEO, Professional Capital Management

Bitcoin Is Taking Over Wall Street

Anthony Pompliano and John Pompliano discuss everything that is happening with bitcoin, why bitcoin ETFs are making more money than S&P EFTs, US dollar collapse and what that means for asset prices, why Elon Musk wants to start a new political party, and how this all affects your portfolio.

Enjoy!

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