🇬🇧 British pension firm Cartwright 🇬🇧 has advised a 3% allocation of #Bitcoin in its pension fund. Interestingly, they have bypassed the ETF route, opting to purchase BTC directly and have set up a multisig arrangement across five independent institutions.

This represents the largest BTC allocation by any pension fund globally and is likely to set a trend for others to follow.

"First slowly, then all at once!"

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If they truly go the self custody route, this would be a big win for #bitcoin, as so far institutional adoption has been a centralizing force. #Honeypot

Correct!

Little by little by little by little…