“Forget stocks and bonds. You can now save for retirement by investing in bitcoin. The Bitcoin Investment Trust currently has about $15 million in assets under management. ‘We were aiming for $10 million by the end of the year. We got to $15 million in four weeks,’ said Silbert. Interest in the Bitcoin Investment Trust is coming from technology entrepreneurs, family offices and people on Wall Street. Some family offices are beginning to put a portion of their gold allocation into bitcoin, Silbert said. The Wall Street category includes fund managers and traders ‘who are investing personally, which we think is a precursor to institutional money coming in,’ he added.”
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