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Ray Dalio Sees 15% Bitcoin as Optimal for Crisis-Ready Portfolios

Bridgewater Associates founder Ray Dalio appeared on the July 27 episode of The Master Investor Podcast with Wilfred Frost to discuss asset allocation amid rising debt and currency devaluation. He focused part of the conversation on bitcoin, highlighting BTC as a valuable hedge with growing relevance in today’s economic landscape.

Dalio argued that fiat currencies are entering a period of structural decline, similar to the 1930s and 1970s, which could increase the appeal of hard assets. Asked directly: “Is bitcoin a legitimate currency to hold in that environment?” Dalio described bitcoin as “a medium of exchange and a storehold of wealth,” emphasizing “most importantly” its function as a storehold of wealth. Offering guidance on allocation strategy, Dalio said:”If you were neutral on everything, in other words, you didn’t have a point of view and you were optimizing your portfolio for the best return to risk ratio, you would have about 15% of your money in gold or bitcoin.”

Interactive Brokers considers launching new stablecoin for customers

Interactive Brokers Group is considering launching a stablecoin for customers, joining a number of large financial firms that are betting big on the digital token boom as the U.S. eases regulations around the crypto industry.

The deliberations come at a time when the underlying infrastructure of global financial markets is undergoing a once-in-a-generation transformation due to the proliferation of blockchain-based assets like stablecoins.

Cboe Files To List Invesco Galaxy Solana ETF

Cboe BZX Exchange has filed to list the Invesco Galaxy Solana ETF, aiming to offer regulated access to SOL with built-in staking rewards, just weeks after the first U.S. Solana Staking ETF launched.

The Invesco Galaxy Solana ETF has been proposed to the U.S. Securities and Exchange Commission to be listed on Cboe BZX Exchange. The SEC filing notes that the ETF is a commodity-based trust under BZX Rule 14.11.

China Crypto Firm Bitmain Plans First US Factory in Trump Gambit

Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in digital assets.

The company intends to officially open a new headquarters and assembly line in either Texas or Florida by the end of the third quarter. Initial output is expected in early 2026, with full-scale production ramping up later in the year, according to Irene Gao, Bitmain’s global business chief.

Bitcoin & Ethereum Spot ETF Flow

The overall net inflow of the US Bitcoin spot ETF on Monday was $9.66 million. The total net asset value of Bitcoin spot ETFs is $152.17 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.53%.

The Bitcoin spot ETF with the highest net inflow on July 28 was Fidelity Wise Origin Bitcoin Fund, with a net inflow of $30.88 million. Following that was Grayscale Bitcoin Mini Trust ETF, with a net inflow of 10.98 million, according to SoSoValue.