We will see larger gains for btc&eth during this upcoming bull than we’ve ever seen before.

My cousin works for a big 5 bank, think JPM or BofA, in a relatively senior position. He often talks to me about things discussed in meetings in order to help me with my investing like market trends (nothing crazy like insider info).

He also said they take meetings with other large firms to discuss world economics and potential threats to their precious piles of cash to help mitigate catastrophes like 2000&2008. Apparently crypto is starting to come up in these conversations more frequently, mainly Bitcoin and ethereum. It’s coming up so frequently that the firm has hired a crypto specific division and has multiple strategies in order to subtly buy crypto in varying amounts depending on what happens to the price after etf approval.

This all sounded positive and bullish but I was caught off guard when he said their firm lied about it when they were in the meetings with other big banks, they acted like it was an interesting technology then passed it off to the next topic..I don’t think they want price competition with these other banks.

That got me wondering if all of these banks have some backdoor plans to load the boat once the regulatory landscape is clear and are all downplaying it to avoid competition. Once they get wind that another firm is buying they will try to front run their strategy no matter the price.