HHorsley

I think the CoinMarketCap leaderboard era of crypto is close to its end.

Is it interesting to invest in Walmart? Adobe? Mastercard? Johnson & Johnson?

You don't answer that question by looking to see how their ranking in the S&P and market caps compare.

You don't invest in Exxon because its market cap is cheaper than Eli Lilly & Co.

You develop a thesis specific to each business and its space and prospects.

I think that's what's coming in crypto.

These things are not all the same.

I think the CoinMarketCap leaderboard era of crypto is close to it's end.

Is it interesting to invest in Walmart? Adobe? Mastercard? Johnson & Johnson?

You don't answer that question by looking to see how their ranking in the S&P and market caps compare.

You don't invest in Exxon because it's market cap is cheaper than Eli Lilly & Co.

You develop a thesis specific to each business and its space and prospects.

I think that's what's coming in crypto.

These things are not all the same.

Last week:
A $600B AUM bank announced approval of two Bitwise products. A $40B RIA announced approval as well.

This week:
Signed agreement today to develop crypto model portfolios for a $50 billion AUM RIA.

Crypto is entering the mainstream —