Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’

Bitcoin Price Decline

50%

Bitcoin has lost more than 50% of its value since its all-time high.

BTC ETF Outflows

$113.8 million

U.S. spot BTC ETFs experienced net outflows totaling around $113.8 million over four consecutive days.

Salinas Pliego's BTC Allocation

70%

Ricardo Salinas Pliego increased his Bitcoin investment portfolio from 10% to 70%.

§ 01 Executive Snapshot

What: Jeremy Grantham predicts Bitcoin will decline into irrelevance, while billionaire Ricardo Salinas Pliego increases his Bitcoin investment.
Who: Jeremy Grantham, co-founder of GMO; Ricardo Salinas Pliego, Mexican billionaire and founder of Grupo Salinas.
Why it matters: Grantham's comments reflect broader skepticism around Bitcoin's viability as a store of value, contrasted by Salinas Pliego's strong belief in Bitcoin's potential, highlighting the divide in institutional sentiment.

Grantham labeled Bitcoin a "useless, speculative mechanism" and predicts it will "dwindle away, not with a bang, but a whimper."
Bitcoin has shed more than 50% of its value since reaching an all-time high near $126,000 in October 2025, trading around $60,000 as of Friday.
U.S. spot BTC ETFs faced net outflows totaling approximately $113.8 million over four consecutive days.

Grantham's criticism aligns with a historical pattern of skepticism towards Bitcoin, especially in volatile market conditions where traditional assets like gold have performed better.
Salinas Pliego's contrasting view underscores a growing faction of investors who see Bitcoin as a hedge against inflation and fiat currency instability, reflecting a broader narrative of asset diversification.

Grantham's bearish outlook could influence institutional investors' sentiment, potentially leading to reduced interest and further price declines for Bitcoin.
Salinas Pliego's aggressive investment strategy may encourage other high-net-worth individuals to reconsider their allocation towards Bitcoin amidst market volatility.

Regulatory challenges and skepticism from traditional investors pose significant risks to Bitcoin's adoption and price stability.
The current market volatility and geopolitical tensions may deter new institutional investments, impacting Bitcoin's recovery potential.

Monitor Bitcoin's price movements around critical support zones, particularly if it approaches the $40,000 mark.
Future regulatory developments regarding Bitcoin ETFs and institutional adoption could signal a shift in market dynamics.

§ 07

What does Jeremy Grantham predict about Bitcoin?

Jeremy Grantham predicts that Bitcoin will decline into irrelevance, describing it as a 'useless, speculative mechanism'.

Who is Ricardo Salinas Pliego and what is his stance on Bitcoin?

Ricardo Salinas Pliego is a Mexican billionaire who has increased his Bitcoin investment, believing in its potential as a hedge against inflation.

How has Bitcoin's value changed recently?

Bitcoin has shed more than 50% of its value since reaching an all-time high near $126,000 in October 2025, currently trading around $60,000.

What risks does Bitcoin face in the current market?

Bitcoin faces significant risks from regulatory challenges and skepticism from traditional investors, which may deter new institutional investments.