The Institutional Adoption is Finally Here

While stock markets have been all over the place, the continued legitimisation of Bitcoin as an institutional asset class continues.

This week, the US Securities and Exchange Commission (SEC) is expected to approve the listing of several Bitcoin ETFs.

This will be a long-term game changer for the Bitcoin market as it will provide instant and inexpensive access to the best-performing asset in the world over the last decade.

To give you some idea of how BTC has performed, it was reported that a portfolio of 98 per cent cash and just 2 per cent BTC would have outperformed the S&P500 over any rolling four-year period.

I've repeatedly encouraged readers to claim their stake in the BTC market, and those who stayed on the path these past few years should be sitting pretty.

Bitcoin has recently traded at over AUD 70,000, which would put every one of our readers in a profitable position. While a pullback is highly likely in the short term, I think there is still tremendous upside.

Here's why.