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Ripple Effect

Institutions Are Still Slow to Crypto Adoption

Addison WigginAddison Wiggin

November 24, 2025 • 1 minute read


bitcoin ETF

Institutions Are Still Slow to Crypto Adoption

It’s been over 18 months since the first bitcoin ETFs launched. But institutions have yet to embrace these new products:

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Markets dropped after opening nearly 2% higher, for only the third time. (Source: BeinCrypto)

Institutional investors are more interested in the crypto technology ecosystem – stablecoins and blockchain technology.

Rapid retail-driven four-year cycles are slowly giving way to longer cycles tied to market liquidity and economic trends.

~ Addison

P.S. Last week’s Grey Swan Live! with Mark Jeftovic and Ian King may prove one of our more timely episodes.

Mark and Ian covered key developments in stablecoins and how the current selloff impacts our “Dollar 2.0” digital asset thesis, including specific guidance on the stocks in the Dollar 2.0 research report available to paid-up members.

While this is a holiday-shortened week, we’ve arranged for a special video presentation on Thursday with Tim Sykes.

Tim is one of the top traders in the game today – and he’s sharing details on a strategy he uses to find stocks ready to pop higher after markets reopen after the weekend.

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If you have requests for new guests you’d like to see join us for Grey Swan Live!,  or have any questions for our guests, send them here.


Copper’s Clear Signal

August 17, 2026 • Addison Wiggin

Copper and resources are sending us a cleaner market signal than AI stocks.

Channeling Ludwig von Mises, we observe this morning that price is not just a number; it’s information. Price reflects what buyers and sellers collectively believe: demand, scarcity, fear, speculation, disappointment, future expectations and available supply.

When prices rise, and inventories fall at the same time, the message is usually straightforward: buyers need the stuff, and there is not enough of it.

Copper’s Clear Signal
Market Crash Insurance Is Cheap

August 14, 2026 • Addison Wiggin

A low VIX does not predict disaster. It measures complacency. A serial skeptic will read it as the calm before a storm. We shook off that feeling this morning and opted to pursue an opportunity instead.

Here goes:

A VIX reading below 15 means the market is not pricing in much near-term trouble, even though there are obvious risks still sitting in the room: Iran, oil prices, memory chip speculation, circular financing, high valuations, epic high concentrations, spiking long-term interest rates, a regime change at the Fed, a meltdown in Japan and a historic deficit and rising national debt.

Market Crash Insurance Is Cheap
Beware: Financial Innovation In AI

August 13, 2026 • Addison Wiggin

Money is not flowing in a clean, straight line from outside investors to productive businesses. The firms at the top are investing in and buying from each other.

Microsoft and OpenAI are the easiest examples to follow.

Microsoft says OpenAI has contracted to purchase an additional $250 billion in Azure services, while Microsoft continues to account for $13 billion in funding commitments to OpenAI as an investment.

Beware: Financial Innovation In AI
Signs of a Late-Stage Bull Market

August 12, 2026 • Addison Wiggin

At this stage, it’s a stock picker’s market.

We expect space, robotics and some more visible tech startups to remain sources of speculation. After weakness in the first half of 2026, we’re also due for a strong rotation of capital into natural resources, precious metals, critical minerals and energy.

Signs of a Late-Stage Bull Market