Kevin O’Leary says he wants to more than double his crypto holdings to 7%

Posted by Abigail Ng,

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Celebrity investor Kevin O’Leary says he wants to at least double his cryptocurrency holdings by the end of 2021, and predicts that “trillions of dollars” could pour into the market if crypto becomes a new asset class.

The “Shark Tank” investor had previously said bitcoin was “garbage,” but he later changed his mind.

O’Leary, who is chairman of O’Shares ETFs, said he is bullish on crypto and wants to allocate more in his personal portfolio.

“I want to raise my exposure to crypto — currently at 3% — to 7% by the end of the year,” he told “Capital Connection” on Monday…read more.