$8 trillion That's the amount of money sitting in the US money market funds That's parked cash earning 4-5% while investors wait for the next big move But with the Fed cutting interest rates, this yield will keep dropping Which means investors will look at other options for a better ROI. And with major asset managers opening the door to crypto, even a 1% shift would push ~$80B into Bitcoin and crypto. Just a matter of time.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments