David Gokhshtein|Sep 29, 2026 21:30
I believe Bitcoin is closer to $1M than people think, and here’s why.
Wall Street has an easier way to buy it through spot ETFs. BlackRock has already made the case for a 1–2% allocation in portfolios that can handle the risk. Think about what that means if more of the biggest pools of money start taking that seriously.
They don’t need to go all in. Even a small allocation becomes serious money at that scale.
And they’re buying into a supply capped at 21 million. Every halving cuts new issuance again. A higher price doesn’t let miners suddenly produce more Bitcoin to meet demand.
$1M still requires enormous demand. My conviction is that Bitcoin earns a much bigger place in global portfolios than people are giving it credit for.
We don’t need everybody to become a Bitcoin maxi. We need more people with serious capital deciding they want exposure.
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