$10.5 Trillion Asset Manager Blackrock's Spot Bitcoin ETF Now Holds 270K BTC

[Lucius]

Oh no, god no, I don't put my faith in the new generation as in the one maturing now, I'm thinking more of the 35-50 age gap that was not exposed previously to crypto and that was even prior used to DCA on other investments, there are plenty of these guys in my enlarged circle of friends that
were investing prior only with xbt or stuff like that, so I assume they could slowly move some funds toward cryptos too.

Maybe I'm just surrounded by people who think too "traditionally", but some 10 years ago when I started to take a more serious interest in Bitcoin, I "persuaded" some people to invest a few hundred $ in it, but nobody did (at least as I know) and I can say that they feel quite guilty about it, although I guess they still think that Bitcoin is something that will eventually fail.

I don't know if there is any new research on how many people own Bitcoin or any other cryptocurrency, but considering that Bitcoin has been around since 2009, anything under 5% is a very small percentage. Maybe it will change for the better in the future, but I don't see it in my environment.

In my country, there has recently been an opportunity to invest in government bonds and treasury bills, and I think that the total amount has exceeded about 2 billion EUR - and all this for a ridiculous interest rate of about 3.6%. When I see people investing EUR 1000 (which is the minimum amount), I wonder what they are even thinking about when they do it - but what the state stands behind is still the number one option, no matter how pointless it is.