Peter Stern

A reminder for anyone allocating to crypto: The asset matters. The price source matters more. The methodology matters most. Good data is invisible when it works — and painfully obvious when it doesn’t.

Brown University’s $4.9M allocation to BlackRock’s IBIT ETF isn’t just a headline—it’s a signal. When Ivy League endowments and state pensions like Wisconsin’s start stacking sats, it’s clear: Bitcoin is no longer fringe. The institutional era of crypto isn’t coming—it’s here. #Bitcoin #InstitutionalAdoption

“Markets are jittery, headlines are chaotic, and yet… institutions are quietly stacking sats. 🧠 With the U.S. establishing a Strategic Bitcoin Reserve and endowments entering the space, the smart money sees beyond the noise. Short-term volatility? Just background music to a long-term symphony. 🎼 #Bitcoin #InstitutionalAdoption #DigitalAssets

I’ve tried almost every type of cuisine in Chicago but was taking out what both cities are known for. SF Mediterranean and sushi don’t even compare to Chicago. But steaks and upscale bar food I think Chicago take the cake. But yeah the crime and the taxes are out of hand. Not considering how in debt the entire city and state are because of terrible increments and corruption

@Sternpeter9 If your only food experience in Chicago was deep dish you didn’t try hard. Chicago has exceptional food. It also has the lake and some of the most interesting architecture in the nation. But, yeah, high crime, high taxes, corrupt politicians, and bitter cold. Why I left.

Having lived in San Francisco for a year and Chicago for eight, I thought I had seen the worst of urban decline. But after a recent trip back to SF, I have to admit—Chicago has it worse. Yes, SF has its challenges, but at least it has world-class food, stunning landscapes, and a culture of innovation. Chicago? Endless winters, flat terrain, and deep dish that feels more like a casserole than pizza. I’ll take a mission burrito and a walk through the Presidio any day. #SanFrancisco #Chicago #FoodMatters

@wirrack378222 They’ve done so much to clean it up. I honestly felt safe walking around in most neighborhoods. I was impressed

@Sternpeter9 San Francisco is actually cleaning itself up. There are many safe and clean neighborhoods there, and voters have booted their far-left mayor, school board, and District Attorney. I was born there, and regularly go back to visit family. I always enjoy my visits.

@DoodleReagan Yeah that spot is very solid. Just was very impressed with the freshness of the food in SF and they seem to have cleaned up the homeless which was not the case when I lived there. I had written SF off completely until this trip

@Sternpeter9 I hear you but have you had the “pizza” (not really pizza but amazing), the Mediterranean bread & salads at Chicago Pizza Oven Grinder ?

@MisterTyrus Chicago does obviously have good food, but the Mediterranean, sushi, blew anything out of the water Chicago has to offer. But I think steakhouses Chicago still takes the cake

Building a Bitcoin strategic reserve isn’t just a hedge—it’s a forward-thinking monetary strategy. With states exploring Bitcoin reserves and endowments gaining access, we’re seeing real institutional adoption, regardless of short-term price moves. The infrastructure is maturing, and capital allocators are taking notice. This isn’t speculation—it’s long-term positioning. #Bitcoin #InstitutionalAdoption #DigitalReserveAsset

In the following clip, Roger Bayston explains why diversification in digital asset portfolios will take the spotlight in 2025. Listen to the full episode here: open.spotify.com/episode/6iC6Bs… @FTI_US @MarkPilipczuk @TheSquareMile @gxselby

Exciting to see my former employer, @bitwise , secure a $70M investment—including from MIT’s endowment fund! Institutional confidence in crypto keeps growing, and it’s incredible to see Bitwise leading the charge. Big moment for the space. #Crypto #InstitutionalAdoption #Bitwise (news.bloomberglaw.com)

Attending the @blockworksDAS in New York next week? Then be sure to visit our stand and connect with @Sternpeter9, @AlexButler222 and @XWangXin to learn how CFB’s indices power digital asset funds for some of the world’s most respected financial services firms. Book a catch-up here: share.hsforms.com/12TK_wVLWST-dk…

There’s so much happening, luckily it’s been too cold to go outside lately

Traditional portfolios aren’t cutting it anymore. Institutional investors are shifting into alternative assets—crypto, private credit, infrastructure, and real assets—to hedge against inflation & volatility. Diversification isn’t just a buzzword anymore. It’s a necessity. #Investing #AlternativeAssets #Crypto

Sunday nights rewatching the Disney movies I grew up with just hit different now—because the best part is sharing them with my 2-year-old daughter. ✨ Seeing the magic through her eyes makes them even better. Some things never get old. 🎥🍿 #Disney #DadLife #WeekendVibes

Every cycle, people rediscover that self-custody matters—usually the hard way. Exchanges freeze withdrawals, protocols get exploited, and suddenly ‘not your keys, not your coins’ isn’t just a meme. Some lessons don’t need to be learned twice. 🔑 #Bitcoin #Crypto #SelfCustody #kraken

@dlawant Friedrich List?

Which economist did the best job trying to reconcile free-market doctrine with trade tariffs?

Passive investing keeps eating active managers’ lunch. 🍽️ In 2024, passive funds pulled in $652B, while active funds bled -$358B in outflows. The trend is clear: investors want low fees, broad exposure, and market efficiency over high-cost active bets. Adapt or fade. 👀 #Investing #Finance #PassiveVsActive

Crypto companies are walking in the front door at the SEC to have constructive conversations about what good policy should look like. For the first time ever. Literally. We've barely begun to unlock crypto's potential in the USA. The next couple years are going to be massive.

Dogecoin just got the institutional treatment! Grayscale launching a $DOGE Trust is another sign that meme coins aren’t just for the internet degenerates anymore. Love it or hate it, liquidity flows where the attention is. 👀 More here: investopedia.com/grayscale-laun… #Crypto #Dogecoin #Grayscale