ghostBTCBLD on Nostr: I was very wrong on the immediate impact. ...

I was very wrong on the immediate impact.

quoting
note1dlh…xv5p

My experience with our mid-size RIA and #bitcoin ETFs.

Im a bitcoin maxi and head of research- I’ve been working on our investment committee for +2 years to get them educated on bitcoin. Even after all of that time and effort and the committee’s stamp of approval we are still only adding bitcoin ETFs in select models and in small position sizes.

Why? Because we still have to train and educate clients and most would have balked at bitcoin prior to the “blessing” of the tradfi giants. We’ve had to battle clients just to add #gold ETFs to bond models. We are only now just able to have conversations with clients about bitcoin.

Thats why Im bullish price wise from the ETFs for 12-18 months from now. This has been my stance for a while. Stay patient RIA money is not close to arriving but it will.

preston (npub1s5y…6q7z) have you heard this sentiment or different?