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Kevin O’Leary Bets Big on Crypto: Predicts It Will Be “12th Sector of the Economy”

By: coindoo|2025/05/03 17:45:01
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O’Leary currently allocates 19% of his portfolio to a mix of cryptocurrencies and crypto-related equities. His holdings include direct investments in Bitcoin and stablecoins, along with shares in Coinbase, Robinhood, and WonderFi. Emphasizing the benefits of volatility, he explained, “No matter what crypto does—up or down—the stock market makes money because that’s the infrastructure.”Among his yield-generating favorites, O’Leary highlighted USDC, citing its current return of 3.82%—higher than traditional bank savings. He also disclosed an equity stake in Circle, the issuer of USDC. His broader strategy remains disciplined, limiting exposure to 5% per position and 20% per sector, including crypto.Skeptical of ETFs, Bullish on RegulationDespite Bitcoin ETFs attracting $115 billion since their 2024 debut, O’Leary called them unnecessary. “Why pay fees for exposure to BTC?” he asked. “I’ll just buy Bitcoin directly.” .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: 4 Altcoins to Watch, According to Top Crypto Analyst For crypto to attract the next wave of institutional capital, O’Leary said regulatory clarity is crucial. “There are trillions of dollars on the sidelines,” he stated, “but they won’t move until there’s compliance infrastructure in place.” He expressed optimism about upcoming U.S. stablecoin legislation, calling it a potential game-changer for the industry.The post Kevin O’Leary Bets Big on Crypto: Predicts It Will Be “12th Sector of the Economy” appeared first on Coindoo.

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