Remember when there was the beanie baby craze and people would open stores that only sold beanie babies? Same when everyone but my parents opened up a video rental store before Blockbuster killed them all. Timing is everything.
So when the largest 401(k) plan provider announces the plan to sell Bitcoin through the plans they administer as a participant-directed investment, it hurts when Bitcoin is more than 50% off its all-time high.
Timing is everything. Don’t expect much interest in crypto as long as the Department of Labor won’t change their tune and Bitcoin is struggling.
