$24 Trillion Is Now One Click Away From Bitcoin
https://www.youtube.com/watch?v=Uk41tSuVt4c
Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf

[00:00:00.000 --> 00:00:04.680] Speaker 1: Vanguard, the giant of index fund investing and a firm that spent years refusing to touch
[00:00:04.680 --> 00:00:08.860] Speaker 1: Bitcoin, opened its platform to the Spot Bitcoin Funds last December, and it has more than
[00:00:08.860 --> 00:00:13.760] Speaker 1: 50 million brokerage customers and over $11 trillion. In a Bank of America's Merrill,
[00:00:13.960 --> 00:00:18.760] Speaker 1: advisors can now recommend putting 1 % to 4 % of a client's portfolio in Bitcoin,
[00:00:18.940 --> 00:00:23.440] Speaker 1: retirement accounts included, with no minimum net worth. If you just put Schwamm and
[00:00:23.440 --> 00:00:28.800] Speaker 1: Vanguard together, that's roughly $24 trillion in client assets that now sits one click
[00:00:28.800 --> 00:00:33.840] Speaker 1: away from Bitcoin. If Schwa's clients put 1 % of their assets into Bitcoin, the low end of
[00:00:33.840 --> 00:00:40.500] Speaker 1: what Merrill's advisors can now recommend, that's $133 billion. That's roughly 47 times the
[00:00:40.500 --> 00:00:45.500] Speaker 1: entire forced sale of strategy stock, which, to remind you again, is lower than one day of
[00:00:45.500 --> 00:00:50.640] Speaker 1: strategy's volume. Coming from one brokerage at the most conservative allocation on the
[00:00:50.640 --> 00:00:50.880] Speaker 1: table.