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Headline : VanEck CEO says Bitcoin accounts for ‘way over 30%’ of his portfolio

Read more from the original article on here at crypto.news.





Tags : #vaneck #ceo #says #bitcoin #accounts #way #over #3025 #his #portfolio



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Jan van Eck, the chief executive officer of investment management firm VanEck, has reiterated his bullish stance on Bitcoin by declaring at Bitcoin 2024 that ‘way over 30%’ of his portfolio is in Bitcoin.

The VanEck CEO stated that he views Bitcoin (BTC) as an evolving asset class, likening its current stage to the “teenage stage.” According to van Eck, BTC has yet to attract many investor classes, but he thinks it is only a matter of time before they join.

Emphasizing his bullish view of the benchmark asset, van Eck said he doesn’t understand why one would constantly have to sell if they believe in Bitcoin’s bull case.

“The toughest allocation question I have, and I know a lot of individuals think about this as well, is that ‘why should I be selling bitcoin if I believe in the super bull case?’” van Eck said at the Bitcoin 2024 conference on Friday.

Read more from the original article on here at crypto.news.


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