Most crypto allocations still come out of stocks or bonds. The closer analog is the alternatives sleeve: If you have VC/PE, it has similar return dispersion, a similar convexity profile, and weaker recent average returns than BTC. The difference is the wrapper — daily liquidity, no capital calls, and a fraction of the 2% and 20% drag. Worth examining the data when exploring your DAiM Model Portfolio the funding source.
Bryan Courchesne ₿Share
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