The obvious impact of the Trump crypto 401(k) Executive Order is the "infinite twap" of capital into crypto assets ongoing and forever now But a key piece I missed, and shoutout to @KookCapitalLLC on this one There will be an upfront re-balancing Once these are approved, there will be a large cohort of people who immediately sell SPX to go 1-2% BTC, or 5%, or 10%+ That's not 1-2%+ of their weekly paychecks, that's 1-2%+ of their entire 401ks This is the type of capital tsunami that could push us to $180k+ BTC in the nearish future
TylerD 🧙‍♂️
TylerD 🧙‍♂️7.8. klo 19.10
Trump is going to sign the executive order allowing crypto in 401(k)s today according to Bloomberg One of the final major unlocks is happening...
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