Fidelity’s 2% Bitcoin allocation modeling highlights something institutions need to pay attention to. Mid-career investors may see more meaningful portfolio impact from Bitcoin allocations than younger investors. And the timing explains why. These investors have accumulated enough wealth for exposure to matter, while still having runway to capture adoption gains. Younger investors have time, but not enough capital yet for small allocations to meaningfully affect long-term outcomes. This creates a real issue, as traditional age-based frameworks were not designed to account for this difference. What matters is where clients sit on their wealth curve relative to where Bitcoin sits on its adoption curve. Institutions may need allocation frameworks that account for both timelines.