CF Benchmarks views bitcoin as portfolio staple, projects $1.4 million price target by 2035
CF Benchmarks, a wholly-owned subsidiary of Kraken, stated on Thursday that institutional investors are increasingly analyzing bitcoin BTC$87,922.54 through the lens of portfolio construction rather than short-term price cycles. The firm models a base-case price of $1.4 million by 2035. In its 42-page report, titled “Building Bitcoin Capital Market Assumptions: A Practitioner’s Framework for Strategic...
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