Dragosh: pension plans could become a driver for new Bitcoin growth
Andre Dragosh believes that including Bitcoin in pension plans with contributors could be an event even more significant than the launch of spot ETFs. According to his estimate, if at least 1% of the $12.2 trillion in pension fund assets is allocated to cryptocurrency, the market could see an influx of capital amounting to $122 billion. At the same time, the actual share of investments could be 2.5-3%, as managers will recommend clients increase their allocation. The first inflows are expected in the coming weeks, and if the Fed lowers the rate in September, Bitcoin could achieve a new all-time high. Earlier, Dragosh noted that the current BTC rally is connected to the crisis in the Japanese government bond market.