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Billionaire Investor Kevin O’Leary Makes Prophecy About Bitcoin and Cryptocurrencies: “Trillions of Dollars Are Waiting on the Sidelines”

By: cryptosheadlines|2025/05/03 07:45:01
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com With Bitcoin hitting the $100,000 mark and market sentiment beginning to stabilize, entrepreneur and investor Kevin O’Leary has reaffirmed his bullish stance on digital assets.O’Leary predicts that cryptocurrencies will become the “12th sector of the economy” within five years.O’Leary, Chairman of O’Leary Ventures, highlighted a structured, traditional investment approach to crypto. Currently allocating 19% of his portfolio to crypto and crypto-related stocks, O’Leary’s portfolio includes cryptocurrencies directly and stocks on platforms like Coinbase, Robinhood and WonderFi. “Volatility is good for a stock market,” he said. “No matter what crypto does, up or down, the stock market makes money because that’s the infrastructure.”In terms of yield, O’Leary prefers stablecoins like USDC to traditional bank deposits. “My yield this morning is 3.822%. That’s better than a savings account,” he said, revealing that he owns shares in Circle, the company behind USDC. He employs a disciplined investment strategy: no more than 5% in a single position and no more than 20% in any sector, including crypto.Despite his optimism on Bitcoin, O’Leary is critical of spot Bitcoin ETFs, which launched in the U.S. in January 2024 and have since attracted about $115 billion in assets. “I have no idea why anyone would buy Bitcoin in an ETF and pay fees. That’s crazy,” he said. “If I want exposure to crypto, I’ll just buy BTC.”O’Leary believes the next wave of institutional capital depends on regulatory clarity. “There are trillions of dollars sitting on the sidelines,” he said, “but they can’t act until regulation is in place and compliance infrastructure is in place.” He voiced strong support for pending stablecoin legislation in the U.S., describing it as a potential turning point for the industry.*This is not investment advice.Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!Source link

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