That is amazing. I remember talking about the fact that $1T market cap is where Bitcoin needs to be in order to open the doors to some of these huge-money pension funds to be able to invest. Apparently it's close enough. :-)
Massive amounts of money in these things so if they start putting in their 1-2%, things could really go nuts over the next few months.
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The amount of money in pension funds is sick. Plus, they need to generate a return since, even with a record stock market, they are still barely 70% funded.
I am not sure what the level is but that $1 trillion can easily move to $2 trillion with a bit of a bull run. The Pension funds can offer that incentive.
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