{"id":32933,"date":"2020-12-07T13:14:44","date_gmt":"2020-12-07T11:14:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32933"},"modified":"2025-08-28T11:16:41","modified_gmt":"2025-08-28T08:16:41","slug":"shark-tank-star-kevin-oleary-ready-to-invest-5-of-assets-in-bitcoin-via-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/shark-tank-star-kevin-oleary-ready-to-invest-5-of-assets-in-bitcoin-via-etf\/","title":{"rendered":"Shark Tank star Kevin O\u2019Leary ready to invest 5% of assets in bitcoin via ETF"},"content":{"rendered":"<p>The investor and star of the television show \u201cShark Tank,\u201d Kevin O\u2019Leary, said he would invest 5% of his portfolio in bitcoin if it were offered as a traded-on-exchange fund (ETF).<\/p>\n<p><!--more--><\/p>\n<p>During a podcast with Morgan Creek Digital founder Anthony Pompliano, the investor called the cryptocurrency ETF the most liquid instrument for trading bitcoin. In his view, SEC approval would persuade institutional investors to buy the digital asset.<\/p>\n<p><iframe loading='lazy' src='https:\/\/www.youtube.com\/embed\/lP1YIf2q0tY' width='560' height='315' frameborder='0' allowfullscreen='allowfullscreen'><\/iframe><\/p>\n<blockquote>\n<p>\u201cIf tomorrow morning I wake up and the SEC says that a bitcoin ETF can be created, it will not only go up, but many, including me, will invest in it,\u201d said O\u2019Leary.<\/p>\n<\/blockquote>\n<p>The television star noted that crypto investors find it difficult to allocate across a portfolio of coins, unlike the traditional financial market. In his view, an ETF would solve the problem.<\/p>\n<p>He also added that he keeps a substantial stake in cryptocurrency despite the transaction costs of entering and exiting bitcoin.<\/p>\n<p>Earlier, the star of the show was skeptical about digital gold and Pompliano. In August 2019, O\u2019Leary called the latter crazy for his investment approach.<\/p>\n<blockquote class='twitter-tweet'>\n<p dir='ltr' lang='en'>\u201cI teach this stuff you never go beyond concentrations of that nature. 50% shame on you! That\u2019s nuts!\u201d <a href='https:\/\/twitter.com\/kevinolearytv?ref_src=twsrc%5Etfw'>@kevinolearytv<\/a> tells <a href='https:\/\/twitter.com\/APompliano?ref_src=twsrc%5Etfw'>@apompliano<\/a> <a href='https:\/\/twitter.com\/hashtag\/btc?src=hash&#038;ref_src=twsrc%5Etfw'>#btc<\/a> <a href='https:\/\/t.co\/e4pTEt5sgC'>pic.twitter.com\/e4pTEt5sgC<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href='https:\/\/twitter.com\/SquawkCNBC\/status\/1158697028647575552?ref_src=twsrc%5Etfw'>August 6, 2019<\/a><\/p>\n<\/blockquote>\n<p><script async src='https:\/\/platform.twitter.com\/widgets.js' charset='utf-8'><\/script><\/p>\n<p>In October 2020, Pompliano reported moving <a href=\"https:\/\/u1f987.com\/en\/news\/anthony-pompliano-allocated-80-of-his-assets-to-bitcoin\">80% of his assets<\/a> into bitcoin.<\/p>\n<p>Earlier, the SEC <a href=\"https:\/\/u1f987.com\/en\/news\/sec-chairman-does-not-rule-out-tokenised-etf\">announced readiness<\/a> to consider the possibility of creating a tokenized ETF.<\/p>\n<p>Follow ForkLog news on <a href='https:\/\/twitter.com\/ForkLog' target='_blank' rel='nofollow noopener noreferrer'>Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investor and &#8216;Shark Tank&#8217; star Kevin O\u2019Leary said he could allocate 5% of his portfolio to bitcoin if it were offered as a traded-on-exchange fund (ETF).<\/p>\n","protected":false},"author":1,"featured_media":32934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,52,1211],"class_list":["post-32933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-investments","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32933"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32933\/revisions"}],"predecessor-version":[{"id":32935,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32933\/revisions\/32935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32934"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}