Predicts It Will Be “12th Sector of the Economy”

By: bitcoin ethereum news|2025/05/03 10:00:02
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Kevin O’Leary, entrepreneur and Chairman of O’Leary Ventures, believes that crypto will evolve into the “12th sector of the economy” within five years. 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 Regulation Despite 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.” 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. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/kevin-oleary-bets-big-on-crypto-predicts-it-will-be-12th-sector-of-the-economy/

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