Following Donald Trump’s presidential win, optimism is brewing among ultra-wealthy investors regarding Bitcoin’s potential. Barbara Goodstein, managing partner at R360, an exclusive community for centi-millionaires, revealed in a recent interview that these high-net-worth individuals see significant upside in the market following the election results.
Goodstein, appearing on a financial news program, highlighted the excitement among R360 members about Trump’s victory and its implications for the future. When asked about the sentiment towards Bitcoin, particularly in light of BlackRock’s Bitcoin ETF surpassing its gold ETF in assets under management, Goodstein expressed a strong bullish outlook.
“We’re very high on Bitcoin, and we’ve been talking about Bitcoin for the past few years,” she stated. Goodstein emphasized that R360 recommends direct Bitcoin ownership over ETFs to capitalize on tax advantages. Significantly, she posited that Bitcoin could become the next strategic reserve asset.
Pointing to the US government’s current holdings of 232,000 Bitcoin, Goodstein speculated that the Trump administration could increase this to over one million. This statement suggests a growing belief among some wealthy investors that Bitcoin will play a more prominent role in global finance and potentially become a key component of national reserves. This perspective aligns with Trump’s previously stated ambition to make the United States the “crypto capital of the planet.
