Pompliano makes it clear: Bitcoin is already the new king of Wall Street.

Anthony Pompliano, renowned cryptocurrency expert and CEO of Professional Capital Management (ProCap), describes Bitcoin as the new “king of Wall Street.” 

According to him, this cryptocurrency has left behind its role as a marginal asset to become a central and consensual element within institutional investments. Pompliano explains that, thanks to the growing adoption of Bitcoin, it is now increasingly integrated into traditional portfolios and is recognized as a safe haven against the constant depreciation of the US dollar, which has lost nearly 30% of its purchasing power in the last five years.

In his words during an interview with CNBC, he stated that Wall Street no longer ignores or rejects Bitcoin, but has fully embraced it because it has proven to be a source of profitability and volatility unlike what traditional markets were accustomed to. 

This shift in perception, according to Pompliano, has led to the inclusion of Bitcoin in financial products such as exchange-traded funds (ETFs) and public investment vehicles, and even its association with other sectors such as real estate. He emphasized that this massive incorporation is a strategy to attract new clients, more assets, and greater profits, marking a turning point in global financial dynamics.

Pompliano also highlighted a revealing fact: Measured in terms of Bitcoin, the S&P 500 index has fallen more than 85% since 2020, reflecting how true strength and leadership are now on the side of this cryptocurrency. During the interview, invited us to rethink the future role of Bitcoin not as a technological curiosity, but as a fundamental pillar in Wall Street's financial strategy for the coming years.

Bitcoin's Leap: From Contrarian to Consensus

For years, Bitcoin was seen as a contrarian asset, an asset outside traditional investment standards. However, that perspective has changed. Pompliano emphasizes that the cryptocurrency It is now an integral part of various investors' portfolios.This evolution reflects a profound change that has led BTC to consolidate its position as a common strategy for those who manage large capital.

This radical shift is clearly evident in how the market's most important institutions have begun to officially adopt Bitcoin. This isn't just about words, but also about concrete actions, such as the inclusion of this cryptocurrency in the corporate balance sheets of listed companies, which see it as a shield against the depreciation of the dollar. 

Furthermore, the approval of regulated financial products, such as Bitcoin-based ETFs in the United States and Europe, has been a clear sign that the traditional financial world is opening the door to cryptocurrencies. Thanks to this legitimization, conventional investment banks and asset managers are now actively participating in the crypto ecosystem, integrating Bitcoin as a solid and serious option into their strategies.

The decline of the dollar and the rise of Bitcoin as a refuge against inflation

In the last five years, The US dollar has seen nearly 30% of its purchasing power vanish., a reality that has been accurately highlighted by Pompliano on CNBC. 

For the expert, this decline hasn't been a mere coincidence, but rather the direct result of an inflationary phenomenon that, according to data from the Bureau of Labor Statistics and the Federal Reserve, has been eroding the real value of this currency. Inflation, this widespread and sustained increase in prices, affects consumers and those trying to protect their savings, reducing the purchasing power that the dollar used to offer.

This weakening environment has led many investors and asset managers to look beyond traditional currencies. Bitcoin, with its limited issuance of 21 million units and its cryptography-based design that ensures an unalterable monetary policy, has gained ground as an attractive alternative. It is now considered a kind of "digital gold" precisely because of its ability to resist inflation and offer a more reliable store of valueIn fact, according to Pompliano, this attribute has been fundamental to Bitcoin's evolution as a player in institutional portfolios on Wall Street.

In short, the significant loss of the dollar's purchasing power has driven the search for options that protect capital against inflation, and Bitcoin has emerged as a solid candidate amid this global economic transition.

Bitcoin: The King of Investments and a Key Player on Wall Street

The approval of Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) in 2024 marked a turning point for the crypto market. 

With major players like BlackRock and Fidelity integrating this cryptocurrency into their product offerings, institutional capital, which until recently remained reserved or even skeptical, now sees Bitcoin as a strategic tool designed to generate returns and act as a long-term hedge. 

In the face of this momentous change, Pompliano has been emphatic in asserting that Bitcoin has become "the king of Wall Street," inviting us to reflect on the evolution of traditional financial economics in the face of the rise of cryptocurrencies and new technologies.