The Case for Bitcoin in an Institutional Portfolio
Orange-pill a boomer you know today with Cointelegraph's new Bitcoin Report
Dear Bitcoin Investors and Friends,
As we stand on the brink of a financial renaissance, we are excited to introduce the 15th Edition of the Crypto Research Report. Since our last edition, Bitcoin has surged by an impressive 121%, skyrocketing from $19,344 to an impressive $42,700. The dawn of institutional adoption is upon us, marked by the SEC's approval of 11 Bitcoin ETFs on Jan. 10, 2024. Our latest research report serves as the definitive guide for investors seeking exposure to Bitcoin.
The report highlights the impact of adding a 5% allocation of Bitcoin to a traditional portfolio with stocks and bonds. From 2014 to 2023, a 60/40 portfolio without Bitcoin had a 71% return. 📊 Add just 5% Bitcoin, and the return jumps to 157%, showcasing Bitcoin's impactful role in portfolio growth. 🚀
The report also covers the top OTC desks, custodians, insurers, and self-storage practices that have evolved over Bitcoin’s 15-year journey. For those who do not want to handle custody themselves, we present compelling alternatives, including publicly listed Bitcoin mining stocks, venture capital opportunities, and passive and active funds and certificates.
Furthermore, we meticulously analyze Bitcoin-friendly tax and legal regulations across the globe, culminating in a ranking of the most favorable jurisdictions for Bitcoin enthusiasts. Our report concludes with a price prediction of $143k, drawing insights from target addressable market analysis and halving cycle theories.
The New Crypto Research Report can be downloaded from the following link:
Crypto Research Report – (128 pages) – English
Key highlights include:
Bitcoin increased 150.87% in price in 2023 compared to 15.95% for the Vanguard Total World Stock Index Fund ETF, and -0.06% for the Vanguard Total Bond Market ETF (BND), and 8.97% for gold.
Bitcoin’s annualized return has been 50% per year since 2014, with a total return of 5,751.74%, according to Bloomberg Terminal.
Allocating 5% to Bitcoin in a traditional 60/40 global stock and bond portfolio between January 2014 and November 2023 with quarterly rebalancing would have increased the portfolio’s cumulative return to 157%, which is over twice the total return achieved by the traditional portfolio (71%).
The Spot Bitcoin ETF approval will bring $14.4 billion of liquidity in the 1st year and a BTC/USD price increase of 75%. This is assuming an adoption rate of 1% portfolio allocation across 10% of addressable assets under management.
2024 will be the year for coins that are building on top of Bitcoin, such as ALEX, ORDI, and MAPS Protocol.
The top 10 largest identified Bitcoin holders worldwide hold over 21.6% of Bitcoin’s supply, including the dormant Satoshi Nakamoto wallets with approximately 1.1 million BTC, Coinbase with 958,225 BTC, Grayscale Bitcoin Trust with 643,572 BTC, Binance with 584,373 BTC, Bitfinex with 212,423 BTC, the Chinese government with 194,000 BTC, MicroStrategy with 189,150 BTC, Block.one with 140,000 BTC, OKX with 133,263 BTC, and the U.S. government with 69,640 BTC.
The largest actively managed Bitcoin-only financial products include ProShares Bitcoin Strategy ETF (BITO) with $1.49B, Fidelity Investments Advantage Bitcoin ETF (FBTC) with $160.4M, VanEck Bitcoin Strategy Fund (XBTF) with 66.19M, Purpose Investments Bitcoin Yield ETF (BTCY) with $54.15M, Zeltner & Co. Bitcoin Volatility Premium AMC with $40M, and Simplify Bitcoin Strategy PLUS Income ETF (MAXI) with $32.95M.
The most active Bitcoin-only venture capital funds include LightningVentures with 52 deals, Fulgur Ventures with 43 deals, Ten31 with 35 deals, Stillmark with 14 deals, Trammel Venture Partners with 12 deals, Hivemind Ventures with eight deals, and ego death capital with five deals.
Thank you to the 19 research partners and contributors from 9 countries that helped produce this report including including BingX, Zeltner & Co, CoinRoutes, Bitalo AG, IMC Trading, AMINA Bank, Bit Digital | NASDAQ: BTBT, Yves Longchamp, Julian Liniger from Relai 🇨🇭, Lukas Pfeiffer from Crypto Oxygen, Dr. Michael Tabone, Mark Mason, Ludovic Thomas, Markus Perdrizat, Zeltner & Co, Kim Matthias Wirth, Nicole Zeltner, Aayush Katiyar, and Anton Golub.
Crypto Research Report has a strategic partnership with Cointelegraph, the largest crypto news company in the world. All editions of the Crypto Research Report are available on the Cointelegraph website, which gets over 17 million views a month.
I hope you will enjoy reading Cointelegraph and Crypto Research Report’s latest survey of professional investors’ ownership of digital assets. Please feel free to contact me with any feedback or interview requests at demelza@cointelegraph.com.
Kind regards from Liechtenstein in the Crypto Rhine Valley,
The CRR Team
Crypto Research Report
9492 Eschen/Liechtenstein
Mail: info@cryptoresearch.report
Web: www.cryptoresearch.report
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