<p>According to TechFlow, on June 14, Bitcoin.com News reported that Bill Barhydt, CEO of crypto wealth management platform Abra, stated in an interview that the traditional 60/40 asset allocation model (60% stocks and 40% bonds) may be phased out, replaced by a new model incorporating cryptocurrencies. Barhydt pointed out that the bond market has underperformed in recent years, with the Bloomberg U.S. Aggregate Bond Index returning only 1.25% in 2024 and a negative 0.05% over the past five years.</p><p>Barhydt emphasized that Bitcoin represents "the best economic opportunity of a lifetime," and said it is time for portfolios to move away from a "zero allocation" status. Abra aims to become the preferred advisory platform for clients investing in cryptocurrencies, offering services such as spot crypto trading, lending, and yield generation.</p>

TechFlow reported on June 14th, citing Bitcoin.com News, that Bill Barhydt, CEO of the crypto wealth management platform Abra, stated in an interview that the traditional 60/40 asset allocation model (i.e., 60% stocks and 40% bonds) may be phased out, to be replaced by a new model incorporating cryptocurrencies. Barhydt pointed out that the bond market has underperformed in recent years, with the Bloomberg U.S. Aggregate Bond Index returning only 1.25% in 2024 and a negative 0.05% over the past five years.

Barhydt emphasized that Bitcoin represents "the best economic opportunity of a lifetime" and said it is time for portfolios to move away from a "zero allocation" stance. Abra aims to become the advisory platform of choice for clients seeking crypto investments, offering services such as spot cryptocurrency trading, lending, and yield generation.

Abra CEO: Cryptocurrency Will Disrupt the Traditional 60/40 Asset Allocation Model