$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.
