'Shark Tank' Kevin O'Leary "Bitcoin, the Core of Virtual Asset Investment"

Uk Jin

Summary

Kevin O'Leary mentioned that Bitcoin should be the core of a virtual asset portfolio, stating that this is because Bitcoin is showing independence from traditional finance and evolving into a mature investment destination.
He conveyed that institutions will show more interest in Bitcoin than Ethereum, and that direct investment in Bitcoin is preferable if one desires volatility in virtual assets.
O'Leary is investing in companies like Coinbase, Robinhood, and WonderFi, and explained that these companies will benefit more from volatility and the passage of regulatory bills.

Kevin O'Leary, a famous investor attending the world's largest virtual asset (cryptocurrency) conference Consensus2025 as a speaker, shared his views on Bitcoin (BTC).

In a recent interview with CoinDesk, Kevin O'Leary stated, "Bitcoin should be the core of a virtual asset portfolio," explaining that "Bitcoin is evolving into a mature investment destination, moving away from synchronization with traditional finance." He added, "Gold has held that position for a long time, but now Bitcoin is threatening gold's position."

O'Leary also focused on institutional demand for Bitcoin. He explained, "Institutions wanting to invest in virtual assets will invest in Bitcoin, not Ethereum (ETH)," adding that "institutions still lack a precise understanding of Ethereum's narrative."

He further mentioned, "Ethereum is an asset that can be invested in only after understanding its utility," and noted, "There are many excellent Layer 2s besides Ethereum." Previously, he participated in a podcast and made headlines by naming Sui (SUI) as the best altcoin in April.

He also recommended direct investment in Bitcoin over Bitcoin Exchange-Traded Funds (ETFs). O'Leary said, "If you want volatility in virtual assets, it's better to purchase Bitcoin directly," explaining that "there's no need to pay expensive fees to buy ETFs."

Meanwhile, O'Leary disclosed that Bitcoin accounts for 1.5% of his portfolio, and companies related to virtual assets account for 19%. The virtual asset-related stocks he holds include ▲Coinbase, ▲Robinhood, and ▲WonderFi. He elaborated, "Volatility is good for exchanges. Whether virtual assets rise or fall, exchanges will make money," adding, "These companies will benefit even more if regulatory bills like the 'Genius Act' and 'Stablecoin Act' are passed."