• bitcoinBitcoin (BTC) $ 106,863.00
  • ethereumEthereum (ETH) $ 2,616.14
  • tetherTether (USDT) $ 0.999883
  • xrpXRP (XRP) $ 2.24
  • bnbBNB (BNB) $ 654.24
  • solanaSolana (SOL) $ 156.41
  • usd-coinUSDC (USDC) $ 0.999802
  • dogecoinDogecoin (DOGE) $ 0.176605
  • tronTRON (TRX) $ 0.270419
  • staked-etherLido Staked Ether (STETH) $ 2,616.15
  • cardanoCardano (ADA) $ 0.646331
  • hyperliquidHyperliquid (HYPE) $ 44.57
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 106,782.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,154.11
  • suiSui (SUI) $ 3.11
  • bitcoin-cashBitcoin Cash (BCH) $ 453.44
  • chainlinkChainlink (LINK) $ 13.67
  • leo-tokenLEO Token (LEO) $ 9.27
  • avalanche-2Avalanche (AVAX) $ 19.61
  • stellarStellar (XLM) $ 0.263355
  • whitebitWhiteBIT Coin (WBT) $ 51.54
  • the-open-networkToncoin (TON) $ 3.00
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999787
  • wethWETH (WETH) $ 2,616.49
  • wrapped-eethWrapped eETH (WEETH) $ 2,800.46
  • hedera-hashgraphHedera (HBAR) $ 0.159835
  • litecoinLitecoin (LTC) $ 87.17
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999590
  • polkadotPolkadot (DOT) $ 3.91
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 319.34
  • bitget-tokenBitget Token (BGB) $ 4.57
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 106,837.00
  • pepePepe (PEPE) $ 0.000011
  • uniswapUniswap (UNI) $ 7.73
  • pi-networkPi Network (PI) $ 0.600739
  • aaveAave (AAVE) $ 285.90
  • daiDai (DAI) $ 0.999628
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 380.91
  • okbOKB (OKB) $ 51.82
  • internet-computerInternet Computer (ICP) $ 5.62
  • aptosAptos (APT) $ 4.67
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.32
  • crypto-com-chainCronos (CRO) $ 0.092639
  • jito-staked-solJito Staked SOL (JITOSOL) $ 189.35
  • ethereum-classicEthereum Classic (ETC) $ 17.09
  • ondo-financeOndo (ONDO) $ 0.820267
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.21
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.628578
  • kaspaKaspa (KAS) $ 0.080118
  • official-trumpOfficial Trump (TRUMP) $ 10.11
  • gatechain-tokenGate (GT) $ 16.50
  • skySky (SKY) $ 0.092186
  • vechainVeChain (VET) $ 0.022740
  • cosmosCosmos Hub (ATOM) $ 4.24
  • fasttokenFasttoken (FTN) $ 4.43
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.728992
  • ethenaEthena (ENA) $ 0.309896
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 106,594.00
  • render-tokenRender (RENDER) $ 3.58
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.204204
  • filecoinFilecoin (FIL) $ 2.51
  • arbitrumArbitrum (ARB) $ 0.337040
  • worldcoin-wldWorldcoin (WLD) $ 1.01
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,615.94
  • algorandAlgorand (ALGO) $ 0.182146
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • usdt0USDT0 (USDT0) $ 1.00
  • spx6900SPX6900 (SPX) $ 1.65
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997918
  • usdtbUSDtb (USDTB) $ 0.999738
  • kucoin-sharesKuCoin (KCS) $ 11.16
  • binance-staked-solBinance Staked SOL (BNSOL) $ 165.07
  • jupiter-exchange-solanaJupiter (JUP) $ 0.434020
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.91
  • fartcoinFartcoin (FARTCOIN) $ 1.25
  • nexoNEXO (NEXO) $ 1.23
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,976.99
  • flare-networksFlare (FLR) $ 0.018159
  • celestiaCelestia (TIA) $ 1.80
  • bonkBonk (BONK) $ 0.000016
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,738.38
  • injective-protocolInjective (INJ) $ 11.85
  • sonic-3Sonic (S) $ 0.348575
  • story-2Story (IP) $ 3.59
  • optimismOptimism (OP) $ 0.601662
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999970
  • sei-networkSei (SEI) $ 0.181804
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999583
  • blockstackStacks (STX) $ 0.649199
  • newton-projectAB (AB) $ 0.015432
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,794.22
  • paypal-usdPayPal USD (PYUSD) $ 0.999707
  • xdce-crowd-saleXDC Network (XDC) $ 0.059302
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,741.18
  • kaiaKaia (KAIA) $ 0.158725
  • dogwifcoindogwifhat (WIF) $ 0.890204
  • immutable-xImmutable (IMX) $ 0.473944
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,751.69
  • wbnbWrapped BNB (WBNB) $ 654.17
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 106,694.00
  • the-graphThe Graph (GRT) $ 0.089535
  • vaultaVaulta (A) $ 0.539237
  • tether-goldTether Gold (XAUT) $ 3,418.45
  • curve-dao-tokenCurve DAO (CRV) $ 0.619142
  • pax-goldPAX Gold (PAXG) $ 3,441.81
  • clbtcclBTC (CLBTC) $ 106,677.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 106,822.00
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 174.82
  • flokiFLOKI (FLOKI) $ 0.000080
  • msolMarinade Staked SOL (MSOL) $ 203.73
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.36
  • jito-governance-tokenJito (JTO) $ 2.24
  • lido-daoLido DAO (LDO) $ 0.836608
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,825.82
  • zcashZcash (ZEC) $ 45.56
  • theta-tokenTheta Network (THETA) $ 0.724493
  • ousgOUSG (OUSG) $ 111.43
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.07
  • galaGALA (GALA) $ 0.015523
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999367
  • wrapped-hypeWrapped HYPE (WHYPE) $ 44.53
  • iotaIOTA (IOTA) $ 0.174362
  • the-sandboxThe Sandbox (SAND) $ 0.271458
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • aerodrome-financeAerodrome Finance (AERO) $ 0.790744
  • jasmycoinJasmyCoin (JASMY) $ 0.013479
  • walrus-2Walrus (WAL) $ 0.480163
  • raydiumRaydium (RAY) $ 2.22
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010127
  • pyth-networkPyth Network (PYTH) $ 0.109962
  • bitcoin-svBitcoin SV (BSV) $ 31.33
  • usual-usdUsual USD (USD0) $ 0.998062
  • pendlePendle (PENDLE) $ 3.77
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 106,522.00
  • tezosTezos (XTZ) $ 0.571392
  • coredaoorgCore (CORE) $ 0.594723
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • syrupMaple Finance (SYRUP) $ 0.539164
  • super-oethSuper OETH (SUPEROETH) $ 2,618.24
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,616.85
  • flowFlow (FLOW) $ 0.358401
  • falcon-financeFalcon USD (USDF) $ 0.999028
  • tbtctBTC (TBTC) $ 106,481.00
  • apecoinApeCoin (APE) $ 0.688529
  • saros-financeSaros (SAROS) $ 0.208830
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,738.30
  • thorchainTHORChain (RUNE) $ 1.55
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,795.52
  • decentralandDecentraland (MANA) $ 0.270620
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 106,777.00
  • staked-hypeStaked HYPE (STHYPE) $ 44.51
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,616.29
  • dexeDeXe (DEXE) $ 8.87
  • true-usdTrueUSD (TUSD) $ 0.996996
  • compound-governance-tokenCompound (COMP) $ 54.08
  • based-brettBrett (BRETT) $ 0.048742
  • grassGrass (GRASS) $ 1.63
  • kavaKava (KAVA) $ 0.429844
  • heliumHelium (HNT) $ 2.50
  • chain-2Onyxcoin (XCN) $ 0.013416
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.176862
  • morphoMorpho (MORPHO) $ 1.46
  • beldexBeldex (BDX) $ 0.061084
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999803
  • usddUSDD (USDD) $ 0.999863
  • keetaKeeta (KTA) $ 1.07
  • dydx-chaindYdX (DYDX) $ 0.530648
  • starknetStarknet (STRK) $ 0.123861
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.71
  • apenftAPENFT (NFT) $ 0.00000042
  • axelarAxelar (AXL) $ 0.416144
  • ketKet (KET) $ 0.410227
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • aioz-networkAIOZ Network (AIOZ) $ 0.345525
  • neoNEO (NEO) $ 5.78
  • elrond-erd-2MultiversX (EGLD) $ 14.35
  • ripple-usdRipple USD (RLUSD) $ 0.999775
  • usdbUSDB (USDB) $ 0.999037
  • eigenlayerEigenlayer (EIGEN) $ 1.31
  • ecasheCash (XEC) $ 0.000020
  • stader-ethxStader ETHx (ETHX) $ 2,776.26
  • arweaveArweave (AR) $ 6.05
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,617.33
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006806
  • aethirAethir (ATH) $ 0.039593
  • conflux-tokenConflux (CFX) $ 0.077226
  • mog-coinMog Coin (MOG) $ 0.000001
  • eosEOS (EOS) $ 0.535575
  • axie-infinityAxie Infinity (AXS) $ 2.39
  • telcoinTelcoin (TEL) $ 0.004207
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.003795
  • zebec-networkZebec Network (ZBCN) $ 0.004694

What Are America’s Ultra-Rich Doing with Bitcoin: An Executive Managing $200 Billion Speaks Out, Secrets Revealed

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What Are America’s Ultra-Rich Doing with Bitcoin: An Executive Managing $200 Billion Speaks Out, Secrets Revealed

Bitcoin breaking a record by exceeding the $111,000 level yesterday had a great impact on the cryptocurrency market.

While this rise was supported by increasing optimism about regulations in the US, it was also a matter of curiosity how high-income investors positioned this asset in their portfolios.

According to Michael Sonnenfeldt, founder and chairman of TIGER 21, ultra-rich investors are considering cryptocurrencies, especially Bitcoin, as a long-term store of value, with some even preferring it to gold. “For some of our members, Bitcoin is neck and neck with gold. It stands out as a store of value like gold, but it is more attractive because it is digital,” Sonnenfeldt said.

TIGER 21’s 1,600 members manage a combined total of nearly $200 billion in wealth. Members’ portfolio allocations average 28% private equity, 28% real estate, and 24% public stocks. Cryptocurrency investments currently range from 1% to 3% of total assets. However, Sonnenfeldt noted that some members are allocating a significant portion of their portfolios to Bitcoin.

Noting that Bitcoin has shown the highest performance among all asset classes in recent years, Sonnenfeldt said, “This is a development that increases institutional interest not only with price movements, but also with Coinbase’s inclusion in major indices.”

While interest in Bitcoin is increasing among TIGER 21 members, investors’ attitudes towards volatility are also drawing attention. According to Sonnenfeldt, while there is concern among those who buy and sell in the short term, long-term investors see every decline as a buying opportunity. “This is already the dynamic that creates the market. While investors with a fundamental belief see declines as opportunities, those who are momentum-oriented can be more cautious,” he said.

While traditional investment instruments are weakening, investments in hedge funds in particular have fallen to 1%. On the other hand, Bitcoin’s digital nature and decentralized structure attract investors.

*This is not investment advice.

Source

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