I think as the bitcoin price moves up more people will demand some exposure and now that we have the ETF’s it’s possibly going to bite a lot of advisors including Rask that don’t include it in a diversified portfolio, isint that the nature of the the term diversified? In fact I’m surprised that rask is late to acknowledge its existence and include it, once you’ve researched and understood the concept it’s actually ignorant to not have some skin in the game….
I think a 5% allocation is actually smart, it’s no riskier than half the thematic ETF’s out there and if you actually look into what it is it might just be the best performing asset class moving forward. As to the comment it’s used for criminal activity what do you think has been used prior? USD & gold so that argument is naive to say the least.
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