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RE: At some point all the big Macro Funds will have a 1% position in Bitcoin
the key clause here is "at some point." These dinosaur institutions are slow to change. They have a monopoly on money already, so why change? If they are the ones who are supposed to elevate crypto, why would they write their own demise?
They aren't writing their own demise. This is about hedge funds delivering alpha. There have been several models that show having at least 4% exposure to bitcoin is the ideal risk adjust portfolio.
Here's one:
https://bitcoinist.com/new-yale-study-every-portfolio-must-include-at-least-6-bitcoin/