According to Lee, Bitcoin has outperformed inflation 97% of the time, making it one of the strongest modern hedges against inflation.
Lee said: "Many investors hold large amounts of gold for protection, but they may lack exposure to Bitcoin. With its fixed supply of 21 million coins and increasing adoption, Bitcoin is increasingly viewed as digital gold."
Enhancing Bitcoin's position through institutional adoption and demand for ETF funds
Institutional demand through ETF funds and corporate treasury allocations has strengthened Bitcoin's position.
Since the launch of Bitcoin ETF funds, approximately $56 billion has flowed in as asset managers increasingly add Bitcoin to their investment portfolios worldwide. This shift is gradually contributing to the transformation of Bitcoin from a speculative asset to a macro hedge instrument similar to gold.
Bitcoin is currently trading at approximately $66,000, following a decline of 3.4% over the past 24 hours.
Ethereum and the opportunity for Wall Street tokenization
Furthermore, he spoke to me about Ethereum, noting that it could gain significant importance for Wall Street in the future. He believes that Ethereum can be used for tokenization, settlements, and financial infrastructure.
This shows that the cryptocurrency industry is slowly shifting from speculation to real financial use cases.
$BTC