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Index-fund investors who deliberately sidestepped bitcoin on volatility grounds are now on course to hold SpaceX — a private company whose shares carry roughly three times the price swings of $BTC.
Advisors and money managers running passive mandates will soon find Elon Musk's aerospace ambitions embedded in client portfolios, irrespective of their stated risk tolerances. The allocation will not be optional.
The Forced Hand of Indexation The passive investing model is built on a simple premise: own the market, absorb its composition changes, avoid the selection headache.
That logic works smoothly when index additions are liquid, regulated equities.
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